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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Nasdaq Yewno Global Innovative Tech Index (NASDAQ:NYGIT)
Sidelines Mode (-55) - NYGIT is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for NYGIT
The long-term trend has been UP since Nov 14th, 2023 at 1713.85
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 1995.18
The short-term trend has been UP since Apr 26th, 2024 at 1984.93
Smart Scan Analysis for NYGIT
Based on our trend formula, NYGIT is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1948.30 | 1987.94 | 1947.53 | 1982.09 | +35.54 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1946.55 | 0 | 2024-04-26 17:11:00 |