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Index Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
NASDAQ-100 Equal Weighted GBP Index (NASDAQ:NDXEGBP)
Sidelines Mode (+55) - NDXEGBP 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 NDXEGBP?
MarketClub looks at technical strength and momentum to determine if the timing is right for NDXEGBP.
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 NDXEGBP
The long-term trend has been DOWN since Aug 2nd, 2024 at 1206.51
The intermediate-term trend has been UP since Sep 26th, 2024 at 1227.01
The short-term trend has been DOWN since Oct 22nd, 2024 at 1258.56
Smart Scan Analysis for NDXEGBP
Based on our trend formula, NDXEGBP is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1262.02 | 1266.53 | 1258.51 | 1264.68 | +0.33 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1264.35 | 0 | 2024-10-22 17:12:00 |