Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, April 16, 2024.
NASDAQ-100 3X INVERSE INDEX (NASDAQ:NDXS3)
Bull Market Weakness (+75) - NDXS3 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NDXS3 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NDXS3?
MarketClub looks at technical strength and momentum to determine if the timing is right for NDXS3.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NDXS3
The long-term trend has been DOWN since Nov 14th, 2023 at 4.7115
The intermediate-term trend has been UP since Apr 15th, 2024 at 3.3606
The short-term trend has been UP since Apr 15th, 2024 at 3.3342
Smart Scan Analysis for NDXS3
Based on our trend formula, NDXS3 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3.2194 | 3.4754 | 3.2145 | 3.4586 | +0.1686 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3.4586 | 0 | 2024-04-15 17:15:00 |
| 52wk High | 481.97 | 52wk High Date | 2018-02-09 |
| 52wk Low | 232.97 | 52wk Low Date | 2018-10-01 |