Index Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
NASDAQ COMBINED COMPUTER INDEX (NASDAQ:IXCO)
Sidelines Mode (+55) - IXCO is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid IXCO?
MarketClub looks at technical strength and momentum to determine if the timing is right for IXCO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IXCO
The long-term trend has been DOWN since Mar 9th, 2020 at 5401.16
The intermediate-term trend has been UP since Apr 6th, 2020 at 5362.05
The short-term trend has been DOWN since May 27th, 2020 at 6299.14
Smart Scan Analysis for IXCO
Based on our trend formula, IXCO is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||4891.4||52wk High Date||2018-08-30|
|52wk Low||3842.06||52wk Low Date||2018-02-09|