Index Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
NASDAQ-100 Equal Weighted Total Return CAD Index (NASDAQ:NETRCAD)
Bull Market Weakness (+75) - NETRCAD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NETRCAD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NETRCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NETRCAD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NETRCAD
The long-term trend has been DOWN since Feb 17th, 2021 at 1001.77
The intermediate-term trend has been UP since Apr 1st, 2021 at 964.90
The short-term trend has been UP since Mar 31st, 2021 at 956.76
Smart Scan Analysis for NETRCAD
Based on our trend formula, NETRCAD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).