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Index Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Nasdaq CTA International Cloud Computing Total Return Index (NASDAQ:CPQITR)
Sidelines Mode (+55) - CPQITR 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 CPQITR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CPQITR.
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 CPQITR
The long-term trend has been UP since Aug 21st, 2024 at 597.8597
The intermediate-term trend has been UP since Aug 16th, 2024 at 579.8237
The short-term trend has been DOWN since Oct 22nd, 2024 at 633.4562
Smart Scan Analysis for CPQITR
Based on our trend formula, CPQITR is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 633.2515 | 633.4781 | 632.9626 | 633.1060 | -0.9240 |
| Prev. Close | Volume | Bid | Ask | Time |
| 640.0374 | 0 | 2024-10-22 23:38:00 |