Index Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
Nasdaq Yewno Global Innovative Tech Index (NASDAQ:NYGIT)
Strong Downtrend (-100) - NYGIT is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NYGIT continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NYGIT?
MarketClub looks at technical strength and momentum to determine if the timing is right for NYGIT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NYGIT
The long-term trend has been DOWN since Jan 21st, 2022 at 1722.76
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 1389.37
The short-term trend has been DOWN since Jun 29th, 2022 at 1383.51
Smart Scan Analysis for NYGIT
Based on our trend formula, NYGIT is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).