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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

Nasdaq Global Semiconductor Total Return Index (NASDAQ:GSOXTR)

Countertrend Up (+85) - GSOXTR 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 GSOXTR?

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

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

NASDAQ_GSOXTR
Open High Low GSOXTR Price Change
1547.24 1550.60 1541.22 1545.65 -1.05
Entry Signal

MarketClub’s Trade Triangles for GSOXTR

long term up The long-term trend has been UP since Nov 20th, 2023 at 1164.74

intermediate term up The intermediate-term trend has been UP since Nov 6th, 2023 at 1067.43

short term down The short-term trend has been DOWN since Mar 27th, 2024 at 1530.29

Smart Scan Analysis for GSOXTR

Based on our trend formula, GSOXTR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for GSOXTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1547.24 1550.60 1541.22 1545.65 -1.05
Prev. Close Volume Bid Ask Time
1546.70 0 2024-03-28 17:14:00
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