Index Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
Nasdaq US CapEx Achievers Total Return Index (NASDAQ:CAPEXAT)
Weak Downtrend (-65) - CAPEXAT is showing signs of a strengthening downtrend. Monitor CAPEXAT as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CAPEXAT?
MarketClub looks at technical strength and momentum to determine if the timing is right for CAPEXAT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CAPEXAT
The long-term trend has been UP since Jan 23rd, 2023 at 2304.02
The intermediate-term trend has been DOWN since Aug 8th, 2023 at 2661.94
The short-term trend has been DOWN since Sep 15th, 2023 at 2594.33
Smart Scan Analysis for CAPEXAT
Based on our trend formula, CAPEXAT is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).