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Index Trend Analysis Report
Prepared for you on Thursday, May 16, 2024.
Nasdaq All Cap Australian Equity Index TR (NASDAQ:AUACT)
Long-Term Uptrend (+90) - AUACT is in a strong uptrend that is likely to continue. While AUACT 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 AUACT?
MarketClub looks at technical strength and momentum to determine if the timing is right for AUACT.
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 AUACT
The long-term trend has been UP since Dec 12th, 2023 at 1082.25
The intermediate-term trend has been UP since May 7th, 2024 at 1180.53
The short-term trend has been UP since May 15th, 2024 at 1189.95
Smart Scan Analysis for AUACT
Based on our trend formula, AUACT is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1204.37 | 1208.55 | 1199.65 | 1200.33 | +12.08 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1204.24 | 0 | 2024-05-16 20:38:00 |