Index Trend Analysis Report
Prepared for you on Thursday, July 9, 2020.
NASDAQ 100 INDEX (NASDAQ:NDX)
Strong Uptrend (+100) - NDX is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NDX continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid NDX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NDX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NDX
The long-term trend has been UP since Jun 1st, 2020 at 9573.55
The intermediate-term trend has been UP since Apr 6th, 2020 at 8011.60
The short-term trend has been UP since Jun 30th, 2020 at 10110.29
Smart Scan Analysis for NDX
Based on our trend formula, NDX is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||7700.56||52wk High Date||2018-10-01|
|52wk Low||6164.43||52wk Low Date||2018-02-09|