Index Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
NASDAQ-100 1X SHORT INDEX (NASDAQ:NDXS1)
Crossroads (+60) - NDXS1 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 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 DOWN since Apr 29th, 2020 at 458.81
The intermediate-term trend has been UP since Feb 23rd, 2021 at 300.48
The short-term trend has been UP since Mar 3rd, 2021 at 304.56
Smart Scan Analysis for NDXS1
Based on our trend formula, NDXS1 is rated as a +60 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|