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Index Trend Analysis Report
Prepared for you on Sunday, May 19, 2024.
Nasdaq All Cap Australian Equity Index (NASDAQ:AUAC)
Long-Term Uptrend (+90) - AUAC is in a strong uptrend that is likely to continue. While AUAC is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid AUAC?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUAC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for AUAC
The long-term trend has been UP since Dec 13th, 2023 at 1057.32
The intermediate-term trend has been UP since May 7th, 2024 at 1121.24
The short-term trend has been UP since May 15th, 2024 at 1124.21
Smart Scan Analysis for AUAC
Based on our trend formula, AUAC is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1131.83 | 1131.96 | 1128.92 | 1129.64 | -8.05 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1129.64 | 0 | 2024-05-17 02:28:22 |