Index Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
Nasdaq Yewno Global AI and Big Data Index EUR TR (NASDAQ:NYGBIGEURT)
Countertrend Up (+85) - NYGBIGEURT 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 NYGBIGEURT?
MarketClub looks at technical strength and momentum to determine if the timing is right for NYGBIGEURT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NYGBIGEURT
The long-term trend has been UP since Jun 1st, 2020 at 1218.56
The intermediate-term trend has been UP since Mar 15th, 2021 at 1780.47
The short-term trend has been DOWN since Apr 19th, 2021 at 1798.25
Smart Scan Analysis for NYGBIGEURT
Based on our trend formula, NYGBIGEURT is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).