Index Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Nasdaq Yewno Global Disruptive Tech Bench CNY TR (NASDAQ:NYDTBTCNY)
Bull Market Weakness (+75) - NYDTBTCNY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NYDTBTCNY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NYDTBTCNY?
MarketClub looks at technical strength and momentum to determine if the timing is right for NYDTBTCNY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NYDTBTCNY
The long-term trend has been DOWN since Oct 2nd, 2023 at 1823.96
The intermediate-term trend has been UP since Nov 10th, 2023 at 1883.66
The short-term trend has been UP since Dec 7th, 2023 at 1919.42
Smart Scan Analysis for NYDTBTCNY
Based on our trend formula, NYDTBTCNY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).