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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
NASDAQ-100 Dorsey Wright Momentum Index (NASDAQ:NDXDWA)
Crossroads (-60) - NDXDWA 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 NDXDWA?
MarketClub looks at technical strength and momentum to determine if the timing is right for NDXDWA.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NDXDWA
The long-term trend has been UP since Nov 27th, 2023 at 922.57
The intermediate-term trend has been DOWN since Jul 17th, 2024 at 1140.23
The short-term trend has been DOWN since Jul 11th, 2024 at 1183.77
Smart Scan Analysis for NDXDWA
Based on our trend formula, NDXDWA is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1044.53 | 1047.82 | 1033.06 | 1040.27 | +12.82 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1027.45 | 0 | 2024-07-26 17:13:00 |