Index Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
Nasdaq-100 ESG CAD Index (NASDAQ:NDXESG02)
Crossroads (-60) - NDXESG02 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 NDXESG02?
MarketClub looks at technical strength and momentum to determine if the timing is right for NDXESG02.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NDXESG02
The long-term trend has been UP since Dec 13th, 2022 at 955.79
The intermediate-term trend has been DOWN since Sep 18th, 2023 at 1198.81
The short-term trend has been DOWN since Sep 6th, 2023 at 1239.14
Smart Scan Analysis for NDXESG02
Based on our trend formula, NDXESG02 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).