Index Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Nasdaq Global Semiconductor Index (NASDAQ:GSOX)
Countertrend Up (+85) - GSOX is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GSOX?
MarketClub looks at technical strength and momentum to determine if the timing is right for GSOX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GSOX
The long-term trend has been UP since Nov 20th, 2023 at 1127.62
The intermediate-term trend has been UP since Nov 6th, 2023 at 1030.13
The short-term trend has been DOWN since Mar 27th, 2024 at 1469.79
Smart Scan Analysis for GSOX
Based on our trend formula, GSOX is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1486.93 | 1491.07 | 1485.91 | 1489.27 | +5.37 |
Prev. Close | Volume | Bid | Ask | Time |
1483.90 | 0 | 2024-03-29 07:23:19 |