Index Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
ISE Global Engineering & Construction NTR Index (NASDAQ:CVLNTR)
Sidelines Mode (-55) - CVLNTR 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 CVLNTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CVLNTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CVLNTR
The long-term trend has been DOWN since Jul 8th, 2021 at 470.33
The intermediate-term trend has been DOWN since Nov 19th, 2021 at 488.38
The short-term trend has been UP since Dec 1st, 2021 at 475.33
Smart Scan Analysis for CVLNTR
Based on our trend formula, CVLNTR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).