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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

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
15525.55 15630.49 15510.59 15625.63 +174.32
Entry Signal

MarketClub’s Trade Triangles for COMP

long term up The long-term trend has been UP since Nov 20th, 2023 at 14309.21

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 16046.56

short term down The short-term trend has been DOWN since Apr 15th, 2024 at 16092.02

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
15525.55 15630.49 15510.59 15625.63 +174.32
Prev. Close Volume Bid Ask Time
15451.31 0 2024-04-23 10:09:52
52wk High8133.352wk High Date2018-08-30
52wk Low6630.6752wk Low Date2018-02-09
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