Index Trend Analysis Report
Prepared for you on Thursday, September 28, 2023.
Nasdaq CTA International Cloud Computing Net Total Return Index (NASDAQ:CPQINTR)
Long-Term Downtrend (-90) - CPQINTR is in a strong downtrend that is likely to continue. While CPQINTR is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid CPQINTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CPQINTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CPQINTR
The long-term trend has been DOWN since Aug 21st, 2023 at 565.85
The intermediate-term trend has been DOWN since Aug 8th, 2023 at 602.30
The short-term trend has been DOWN since Sep 18th, 2023 at 581.19
Smart Scan Analysis for CPQINTR
Based on our trend formula, CPQINTR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).