Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
NASDAQ OMX Geothermal Total Return (NASDAQ:GRNGEOX)
Long-Term Downtrend (-90) - GRNGEOX is in a strong downtrend that is likely to continue. While GRNGEOX 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 GRNGEOX?
MarketClub looks at technical strength and momentum to determine if the timing is right for GRNGEOX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GRNGEOX
The long-term trend has been DOWN since Mar 5th, 2021 at 1440.20
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 2072.41
The short-term trend has been DOWN since Apr 6th, 2021 at 1516.78
Smart Scan Analysis for GRNGEOX
Based on our trend formula, GRNGEOX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1199.17||52wk High Date||2018-01-31|
|52wk Low||868.86||52wk Low Date||2018-08-08|