Index Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
Nasdaq US CapEx Achievers Net Total Return Index (NASDAQ:CAPEXAN)
Bear Market Rally (-75) - CAPEXAN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CAPEXAN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CAPEXAN?
MarketClub looks at technical strength and momentum to determine if the timing is right for CAPEXAN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CAPEXAN
The long-term trend has been DOWN since Jan 24th, 2022 at 2508.17
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 2049.06
The short-term trend has been UP since Jun 22nd, 2022 at 2038.79
Smart Scan Analysis for CAPEXAN
Based on our trend formula, CAPEXAN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).