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Index Trend Analysis Report
Prepared for you on Friday, May 17, 2024.
PHLX Semiconductor Equal Weighted Net Total Return Index (NASDAQ:ESOXNR)
Long-Term Uptrend (+90) - ESOXNR is in a strong uptrend that is likely to continue. While ESOXNR 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 ESOXNR?
MarketClub looks at technical strength and momentum to determine if the timing is right for ESOXNR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ESOXNR
The long-term trend has been UP since Dec 11th, 2023 at 896.84
The intermediate-term trend has been UP since May 14th, 2024 at 1060.81
The short-term trend has been UP since May 13th, 2024 at 1052.71
Smart Scan Analysis for ESOXNR
Based on our trend formula, ESOXNR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1089.81 | 1091.14 | 1083.24 | 1085.47 | +1.90 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1083.57 | 0 | 2024-05-17 11:57:00 |