Index Trend Analysis Report
Prepared for you on Thursday, November 30, 2023.
Nasdaq Yewno Global Innovative Tech EUR NTR 5% Decrement Index (NASDAQ:NYGITEN5)
Long-Term Uptrend (+90) - NYGITEN5 is in a strong uptrend that is likely to continue. While NYGITEN5 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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.
MarketClub’s Trade Triangles for NYGITEN5
The long-term trend has been UP since Nov 10th, 2023 at 1036.54
The intermediate-term trend has been UP since Nov 7th, 2023 at 1018.07
The short-term trend has been UP since Nov 29th, 2023 at 1043.07
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).