Index Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
Nasdaq Yewno Aerospace & Defense Net Total Return Index (NASDAQ:DEFENSEN)
Crossroads (-60) - DEFENSEN 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 DEFENSEN?
MarketClub looks at technical strength and momentum to determine if the timing is right for DEFENSEN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DEFENSEN
The long-term trend has been UP since Nov 4th, 2020 at 1000.22
The intermediate-term trend has been DOWN since Jun 17th, 2021 at 1286.56
The short-term trend has been DOWN since Jun 10th, 2021 at 1313.79
Smart Scan Analysis for DEFENSEN
Based on our trend formula, DEFENSEN is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).