Index Trend Analysis Report
Prepared for you on Saturday, December 3, 2022.
NASDAQ-100 1X SHORT INDEX (NASDAQ:NDXS1)
Weak Downtrend (-65) - NDXS1 is showing signs of a strengthening downtrend. Monitor NDXS1 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NDXS1?
MarketClub looks at technical strength and momentum to determine if the timing is right for NDXS1.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NDXS1
The long-term trend has been UP since Oct 10th, 2022 at 321.2
The intermediate-term trend has been DOWN since Oct 25th, 2022 at 301.9
The short-term trend has been DOWN since Nov 30th, 2022 at 295.7
Smart Scan Analysis for NDXS1
Based on our trend formula, NDXS1 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||727.25||52wk High Date||2018-02-09|
|52wk Low||582.5||52wk Low Date||2018-08-30|