Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
NASDAQ-100 EQUAL WEIGHTED INDEX (NASDAQ:NDXE)
Sidelines Mode (-55) - NDXE is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NDXE?
MarketClub looks at technical strength and momentum to determine if the timing is right for NDXE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NDXE
The long-term trend has been UP since Dec 1st, 2023 at 6701.95
The intermediate-term trend has been DOWN since Apr 4th, 2024 at 7333.98
The short-term trend has been UP since Apr 23rd, 2024 at 7126.16
Smart Scan Analysis for NDXE
Based on our trend formula, NDXE is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7088.08 | 7186.35 | 7083.84 | 7163.36 | +96.60 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7066.76 | 0 | 2024-04-23 17:15:49 |
| 52wk High | 3895 | 52wk High Date | 2018-08-29 |
| 52wk Low | 3338.71 | 52wk Low Date | 2018-10-29 |