Index Trend Analysis Report
Prepared for you on Monday, March 27, 2023.
NASDAQ TELECOM INDEX (NASDAQ:IXTC)
Crossroads (+60) - IXTC is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Dec 1st, 2022 at 398.55
The intermediate-term trend has been DOWN since Feb 24th, 2023 at 389.83
The short-term trend has been DOWN since Mar 23rd, 2023 at 382.57
Smart Scan Analysis for IXTC
Based on our trend formula, IXTC is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||396.68||52wk High Date||2018-10-01|
|52wk Low||327.57||52wk Low Date||2017-12-01|