Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
NASDAQ TELECOM INDEX (NASDAQ:IXTC)
Strong Downtrend (-100) - IXTC is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, IXTC continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid IXTC?
MarketClub looks at technical strength and momentum to determine if the timing is right for IXTC.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for IXTC
The long-term trend has been DOWN since Feb 20th, 2024 at 391.74
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 395.00
The short-term trend has been DOWN since Apr 25th, 2024 at 382.69
Smart Scan Analysis for IXTC
Based on our trend formula, IXTC is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 381.95 | 384.20 | 376.15 | 379.70 | -6.77 |
| Prev. Close | Volume | Bid | Ask | Time |
| 379.70 | 0 | 2024-04-25 17:15:54 |
| 52wk High | 396.68 | 52wk High Date | 2018-10-01 |
| 52wk Low | 327.57 | 52wk Low Date | 2017-12-01 |