Index Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
NASDAQ OMX Advanced Materials Total Return (NASDAQ:GRNAMX)
Long-Term Downtrend (-90) - GRNAMX is in a strong downtrend that is likely to continue. While GRNAMX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GRNAMX?
MarketClub looks at technical strength and momentum to determine if the timing is right for GRNAMX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GRNAMX
The long-term trend has been DOWN since Oct 1st, 2021 at 2347.78
The intermediate-term trend has been DOWN since Nov 29th, 2021 at 2280.81
The short-term trend has been DOWN since Nov 17th, 2021 at 2439.00
Smart Scan Analysis for GRNAMX
Based on our trend formula, GRNAMX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2430.53||52wk High Date||2018-01-23|
|52wk Low||1799.85||52wk Low Date||2018-10-25|