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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

Nasdaq Global Semiconductor Net Total Return Index (NASDAQ:GSOXNR)

Weak Downtrend (-65) - GSOXNR is showing signs of a strengthening downtrend. Monitor GSOXNR as it may be building momentum to the downside.

Is it time to buy, sell, or avoid GSOXNR?

MarketClub looks at technical strength and momentum to determine if the timing is right for GSOXNR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_GSOXNR
Open High Low GSOXNR Price Change
1404.18 1406.50 1400.42 1401.34 -25.85
Entry Signal

MarketClub’s Trade Triangles for GSOXNR

long term up The long-term trend has been UP since Nov 20th, 2023 at 1155.51

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 1494.12

short term down The short-term trend has been DOWN since Apr 12th, 2024 at 1506.48

Smart Scan Analysis for GSOXNR

Based on our trend formula, GSOXNR is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for GSOXNR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1404.18 1406.50 1400.42 1401.34 -25.85
Prev. Close Volume Bid Ask Time
1427.19 0 2024-04-19 06:11:00
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