Index Trend Analysis Report
Prepared for you on Wednesday, December 1, 2021.
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, SHORTSYMBOL 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 Sep 28th, 2021 at 512.47
The intermediate-term trend has been DOWN since Sep 14th, 2021 at 540.00
The short-term trend has been DOWN since Nov 12th, 2021 at 500.83
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).
|52wk High||396.68||52wk High Date||2018-10-01|
|52wk Low||327.57||52wk Low Date||2017-12-01|