Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, April 12, 2024.

NASDAQ-100 Technology Sector Market-Cap Weighted Notional Net Total Return Index (NASDAQ:NDXTMCNR)

Countertrend Up (+85) - NDXTMCNR is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid NDXTMCNR?

MarketClub looks at technical strength and momentum to determine if the timing is right for NDXTMCNR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NDXTMCNR
Open High Low NDXTMCNR Price Change
1716.05 1723.60 1699.29 1705.02 -32.00
Entry Signal

MarketClub’s Trade Triangles for NDXTMCNR

long term up The long-term trend has been UP since Nov 10th, 2023 at 1341.70

intermediate term up The intermediate-term trend has been UP since Nov 7th, 2023 at 1301.98

short term up The short-term trend has been UP since Apr 11th, 2024 at 1716.71

Smart Scan Analysis for NDXTMCNR

Based on our trend formula, NDXTMCNR is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for NDXTMCNR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1716.05 1723.60 1699.29 1705.02 -32.00
Prev. Close Volume Bid Ask Time
1737.02 0 2024-04-12 17:14:00
Get a free daily analysis and signals for NASDAQ-100 Technology Sector Market-Cap Weighted Notional Net Total Return Index (NDXTMCNR) - Request Your Free Report.