Index Trend Analysis Report
Prepared for you on Thursday, January 21, 2021.
BVP Nasdaq Emerging Cloud Index (NASDAQ:EMCLOUD)
Long-Term Uptrend (+90) - EMCLOUD is in a strong uptrend that is likely to continue. While EMCLOUD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid EMCLOUD?
MarketClub looks at technical strength and momentum to determine if the timing is right for EMCLOUD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for EMCLOUD
The long-term trend has been UP since May 7th, 2020 at 1436.43
The intermediate-term trend has been UP since Nov 25th, 2020 at 2218.52
The short-term trend has been UP since Jan 8th, 2021 at 2530.39
Smart Scan Analysis for EMCLOUD
Based on our trend formula, EMCLOUD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).