Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Nasdaq CTA International Cloud Computing Index (NASDAQ:CPQI)
Sidelines Mode (+55) - CPQI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CPQI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CPQI.
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 CPQI
The long-term trend has been UP since Aug 21st, 2024 at 568.95
The intermediate-term trend has been DOWN since Dec 23rd, 2024 at 582.86
The short-term trend has been UP since Dec 24th, 2024 at 592.00
Smart Scan Analysis for CPQI
Based on our trend formula, CPQI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
591.40 | 596.14 | 590.83 | 595.35 | +2.93 |
Prev. Close | Volume | Bid | Ask | Time |
591.45 | 0 | 2024-12-26 09:39:02 |