Index Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
NASDAQ OMX Smart Grid Total Return (NASDAQ:GRNGRDX)
Bull Market Weakness (+75) - GRNGRDX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GRNGRDX as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GRNGRDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for GRNGRDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GRNGRDX
The long-term trend has been UP since Feb 26th, 2019 at 1531.65
The intermediate-term trend has been UP since Feb 5th, 2020 at 1840.22
The short-term trend has been DOWN since Feb 21st, 2020 at 1815.94
Smart Scan Analysis for GRNGRDX
Based on our trend formula, GRNGRDX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1886.71||52wk High Date||2018-01-24|
|52wk Low||1424.76||52wk Low Date||2018-10-26|