Index Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
Nasdaq Yewno Global Innovative Tech USD NTR 3% Decrement Index (NASDAQ:NYGITE)
Bear Market Rally (-75) - NYGITE is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NYGITE as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NYGITE?
MarketClub looks at technical strength and momentum to determine if the timing is right for NYGITE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NYGITE
The long-term trend has been DOWN since Jan 21st, 2022 at 1563.61
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 1462.03
The short-term trend has been UP since May 26th, 2022 at 1288.18
Smart Scan Analysis for NYGITE
Based on our trend formula, NYGITE is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).