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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
ISE-Revere Natural Gas Net Total Return Index (NASDAQ:FUMNTR)
Countertrend Up (+85) - FUMNTR 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 FUMNTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for FUMNTR.
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 FUMNTR
The long-term trend has been UP since Mar 1st, 2024 at 27.045
The intermediate-term trend has been UP since Feb 15th, 2024 at 25.881
The short-term trend has been UP since Apr 12th, 2024 at 30.718
Smart Scan Analysis for FUMNTR
Based on our trend formula, FUMNTR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 29.080 | 29.633 | 29.069 | 29.409 | +0.315 |
| Prev. Close | Volume | Bid | Ask | Time |
| 29.094 | 0 | 2024-04-19 16:53:00 |