Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
NASDAQ OMX Natural Resources (NASDAQ:GRNNR)
Long-Term Downtrend (-90) - GRNNR is in a strong downtrend that is likely to continue. While GRNNR 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 GRNNR?
MarketClub looks at technical strength and momentum to determine if the timing is right for GRNNR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GRNNR
The long-term trend has been DOWN since Oct 12th, 2021 at 2970.59
The intermediate-term trend has been DOWN since Nov 30th, 2021 at 3081.86
The short-term trend has been DOWN since Nov 29th, 2021 at 3119.74
Smart Scan Analysis for GRNNR
Based on our trend formula, GRNNR is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1626.88||52wk High Date||2018-02-16|
|52wk Low||1223.38||52wk Low Date||2018-10-29|