Index Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
NASDAQ-100 1X SHORT INDEX (NASDAQ:NDXS1)
Sidelines Mode (-55) - NDXS1 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 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 4th, 2021 at 264.49
The intermediate-term trend has been DOWN since Oct 18th, 2021 at 250.10
The short-term trend has been UP since Oct 22nd, 2021 at 248.16
Smart Scan Analysis for NDXS1
Based on our trend formula, NDXS1 is rated as a -55 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|