Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, November 29, 2022.

NASDAQ Composite (NASDAQ:COMP)

Crossroads (+60) - COMP is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid COMP?

MarketClub looks at technical strength and momentum to determine if the timing is right for COMP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_COMP
Open High Low COMP Price Change
11147.57 11217.75 11020.69 11049.50 -176.86
Entry Signal

MarketClub’s Trade Triangles for COMP

long term down The long-term trend has been DOWN since Oct 10th, 2022 at 10572.33

intermediate term up The intermediate-term trend has been UP since Nov 11th, 2022 at 11210.38

short term up The short-term trend has been UP since Nov 23rd, 2022 at 11259.44

Smart Scan Analysis for COMP

Based on our trend formula, COMP is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for COMP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11147.57 11217.75 11020.69 11049.50 -176.86
Prev. Close Volume Bid Ask Time
11049.50 0 2022-11-28 17:15:36
52wk High8133.352wk High Date2018-08-30
52wk Low6630.6752wk Low Date2018-02-09
Get a free daily analysis and signals for NASDAQ Composite (COMP) - Request Your Free Report.