Index Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
Benchmark Office Real Estate SCTR TR Index (NASDAQ:DESKSCTR)
Countertrend Up (+85) - DESKSCTR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid DESKSCTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for DESKSCTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DESKSCTR
The long-term trend has been UP since Nov 16th, 2020 at 780.09
The intermediate-term trend has been UP since Jan 14th, 2021 at 799.62
The short-term trend has been DOWN since Mar 4th, 2021 at 857.28
Smart Scan Analysis for DESKSCTR
Based on our trend formula, DESKSCTR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).