Index Trend Analysis Report
Prepared for you on Tuesday, December 1, 2020.
Nasdaq Yewno Global Disruptive Tech Bench CNY (NASDAQ:NYDTBCNY)
Long-Term Uptrend (+90) - NYDTBCNY is in a strong uptrend that is likely to continue. While NYDTBCNY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NYDTBCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for NYDTBCNY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NYDTBCNY
The long-term trend has been UP since Jun 2nd, 2020 at 1207.15
The intermediate-term trend has been UP since Nov 9th, 2020 at 1316.23
The short-term trend has been UP since Dec 1st, 2020 at 1364.35
Smart Scan Analysis for NYDTBCNY
Based on our trend formula, NYDTBCNY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).