Index Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
Nasdaq Yewno Global Disruptive Tech Bench CNY (NASDAQ:NYDTBCNY)
Weak Downtrend (-65) - NYDTBCNY is showing signs of a strengthening downtrend. Monitor NYDTBCNY as it may be building momentum to the downside.
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 Dec 1st, 2022 at 1483.48
The intermediate-term trend has been DOWN since Sep 25th, 2023 at 1671.02
The short-term trend has been DOWN since Sep 15th, 2023 at 1712.00
Smart Scan Analysis for NYDTBCNY
Based on our trend formula, NYDTBCNY is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).