Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Nasdaq Yewno Global AI and Big Data Index (NASDAQ:NYGBIG)
Countertrend Up (+85) - NYGBIG is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid NYGBIG?
MarketClub looks at technical strength and momentum to determine if the timing is right for NYGBIG.
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MarketClub’s Trade Triangles for NYGBIG
The long-term trend has been UP since Oct 11th, 2024 at 2640.35
The intermediate-term trend has been UP since Aug 19th, 2024 at 2503.35
The short-term trend has been DOWN since Oct 16th, 2024 at 2622.54
Smart Scan Analysis for NYGBIG
Based on our trend formula, NYGBIG is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2636.32 | 2636.32 | 2636.00 | 2636.24 | +1.73 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2645.29 | 0 | 2024-10-22 23:38:00 |