Index Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
Nasdaq-100 ESG Notional Net Total Return Index (NASDAQ:NDXESGN)
Weak Downtrend (-65) - NDXESGN is showing signs of a strengthening downtrend. Monitor NDXESGN as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NDXESGN?
MarketClub looks at technical strength and momentum to determine if the timing is right for NDXESGN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NDXESGN
The long-term trend has been UP since Jan 27th, 2023 at 899.31
The intermediate-term trend has been DOWN since Sep 20th, 2023 at 1112.48
The short-term trend has been DOWN since Sep 15th, 2023 at 1131.78
Smart Scan Analysis for NDXESGN
Based on our trend formula, NDXESGN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).