Index Trend Analysis Report
Prepared for you on Wednesday, April 17, 2024.
NASDAQ-100 2X SHORT INDEX (NASDAQ:NDXS2)
Bull Market Weakness (+75) - NDXS2 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NDXS2 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NDXS2?
MarketClub looks at technical strength and momentum to determine if the timing is right for NDXS2.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
MarketClub’s Trade Triangles for NDXS2
The long-term trend has been DOWN since Nov 15th, 2023 at 32.349
The intermediate-term trend has been UP since Apr 15th, 2024 at 26.372
The short-term trend has been UP since Apr 15th, 2024 at 26.245
Smart Scan Analysis for NDXS2
Based on our trend formula, NDXS2 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
26.698 | 27.689 | 26.690 | 27.490 | +0.584 |
Prev. Close | Volume | Bid | Ask | Time |
26.906 | 0 | 2024-04-17 15:02:00 |
52wk High | 508.22 | 52wk High Date | 2018-02-09 |
52wk Low | 317.46 | 52wk Low Date | 2018-10-01 |