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Index Trend Analysis Report
Prepared for you on Thursday, April 25, 2024.
Nasdaq-100 Equal Weighted Currency Hedged CAD Index (NASDAQ:NDXECADMH)
Sidelines Mode (+55) - NDXECADMH 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 NDXECADMH?
MarketClub looks at technical strength and momentum to determine if the timing is right for NDXECADMH.
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 NDXECADMH
The long-term trend has been UP since Dec 1st, 2023 at 729.87
The intermediate-term trend has been DOWN since Apr 4th, 2024 at 796.41
The short-term trend has been UP since Apr 23rd, 2024 at 772.41
Smart Scan Analysis for NDXECADMH
Based on our trend formula, NDXECADMH is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 780.75 | 783.75 | 775.92 | 780.49 | +3.64 |
| Prev. Close | Volume | Bid | Ask | Time |
| 780.49 | 0 | 2024-04-24 17:15:00 |