Index Trend Analysis Report
Prepared for you on Monday, January 17, 2022.
ISE Global Engineering & Construction TR Index (NASDAQ:CVLTR)
Crossroads (+60) - CVLTR 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 CVLTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for CVLTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CVLTR
The long-term trend has been DOWN since Nov 30th, 2021 at 500.38
The intermediate-term trend has been UP since Dec 29th, 2021 at 523.35
The short-term trend has been UP since Jan 12th, 2022 at 525.23
Smart Scan Analysis for CVLTR
Based on our trend formula, CVLTR is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).