Index Trend Analysis Report
Prepared for you on Monday, November 28, 2022.
NASDAQ 100 LEVERAGED INDEX (NASDAQ:NDXL)
Crossroads (+60) - NDXL 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 NDXL?
MarketClub looks at technical strength and momentum to determine if the timing is right for NDXL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NDXL
The long-term trend has been DOWN since Jan 21st, 2022 at 34519.74
The intermediate-term trend has been UP since Nov 11th, 2022 at 20397.17
The short-term trend has been UP since Nov 23rd, 2022 at 20519.97
Smart Scan Analysis for NDXL
Based on our trend formula, NDXL is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||12856.76||52wk High Date||2018-08-30|
|52wk Low||8510.49||52wk Low Date||2018-02-09|