Index Trend Analysis Report
Prepared for you on Monday, May 23, 2022.
NASDAQ OMX Clean Energy Focused (NASDAQ:GRNCLNFO)
Long-Term Downtrend (-90) - GRNCLNFO is in a strong downtrend that is likely to continue. While GRNCLNFO 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 GRNCLNFO?
MarketClub looks at technical strength and momentum to determine if the timing is right for GRNCLNFO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GRNCLNFO
The long-term trend has been DOWN since Jan 21st, 2022 at 2534.84
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 2494.43
The short-term trend has been DOWN since May 20th, 2022 at 2168.66
Smart Scan Analysis for GRNCLNFO
Based on our trend formula, GRNCLNFO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1685.76||52wk High Date||2018-01-29|
|52wk Low||1453.34||52wk Low Date||2018-10-29|