Index Trend Analysis Report
Prepared for you on Monday, August 2, 2021.
Nasdaq OMX US Water Net Total Return Index (NASDAQ:GRNWATUSLN)
Long-Term Uptrend (+90) - GRNWATUSLN is in a strong uptrend that is likely to continue. While GRNWATUSLN is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid GRNWATUSLN?
MarketClub looks at technical strength and momentum to determine if the timing is right for GRNWATUSLN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GRNWATUSLN
The long-term trend has been UP since May 27th, 2020 at 1202.50
The intermediate-term trend has been UP since Jun 28th, 2021 at 1808.00
The short-term trend has been UP since Jul 20th, 2021 at 1859.06
Smart Scan Analysis for GRNWATUSLN
Based on our trend formula, GRNWATUSLN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).