Index Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
NASDAQ OMX Renewable Energy Generation (NASDAQ:GRNREG)
Long-Term Downtrend (-90) - GRNREG is in a strong downtrend that is likely to continue. While GRNREG 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 GRNREG?
MarketClub looks at technical strength and momentum to determine if the timing is right for GRNREG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GRNREG
The long-term trend has been DOWN since Mar 5th, 2021 at 2840.60
The intermediate-term trend has been DOWN since May 4th, 2021 at 3055.30
The short-term trend has been DOWN since Apr 28th, 2021 at 3159.75
Smart Scan Analysis for GRNREG
Based on our trend formula, GRNREG is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1589.06||52wk High Date||2018-01-26|
|52wk Low||1330.98||52wk Low Date||2018-10-26|