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Index Trend Analysis Report

Prepared for you on Sunday, May 22, 2022.

Nasdaq Yewno Global Innovative Tech EUR NTR 5% Decrement Index (NASDAQ:NYGITEN5)

Long-Term Downtrend (-90) - NYGITEN5 is in a strong downtrend that is likely to continue. While NYGITEN5 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NYGITEN5?

MarketClub looks at technical strength and momentum to determine if the timing is right for NYGITEN5.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NYGITEN5
Open High Low NYGITEN5 Price Change
925.59 937.20 908.48 925.90 +4.23
Entry Signal

MarketClub’s Trade Triangles for NYGITEN5

long term down The long-term trend has been DOWN since Jan 21st, 2022 at 1053.90

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2022 at 1036.21

short term down The short-term trend has been DOWN since May 19th, 2022 at 933.21

Smart Scan Analysis for NYGITEN5

Based on our trend formula, NYGITEN5 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NYGITEN5
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
925.59 937.20 908.48 925.90 +4.23
Prev. Close Volume Bid Ask Time
925.90 0 2022-05-20 17:14:00
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