Index Trend Analysis Report
Prepared for you on Wednesday, February 24, 2021.
Crossroads (-60) - NDX 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 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 DOWN since Feb 23rd, 2021 at 12983.10
The short-term trend has been DOWN since Feb 17th, 2021 at 13637.19
Smart Scan Analysis for NDX
Based on our trend formula, NDX is rated as a -60 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|