Index Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
Nasdaq Yewno Global Innovative Tech Index (NASDAQ:NYGIT)
Weak Uptrend (+65) - NYGIT is showing signs of weakening momentum to the upside. Monitor NYGIT as it may be in the beginning stages of a reversal.
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 UP since Jun 2nd, 2020 at 1193.76
The intermediate-term trend has been UP since Nov 9th, 2020 at 1459.29
The short-term trend has been DOWN since Mar 3rd, 2021 at 1595.46
Smart Scan Analysis for NYGIT
Based on our trend formula, NYGIT is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).