Index Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
Nasdaq Yewno Global Disruptive Tech Bench CNY NTR (NASDAQ:NYDTBNCNY)
Sidelines Mode (-55) - NYDTBNCNY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NYDTBNCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for NYDTBNCNY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NYDTBNCNY
The long-term trend has been DOWN since Jan 21st, 2022 at 1588.12
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 1555.57
The short-term trend has been UP since May 24th, 2022 at 1475.25
Smart Scan Analysis for NYDTBNCNY
Based on our trend formula, NYDTBNCNY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).