Index Trend Analysis Report
Prepared for you on Sunday, September 26, 2021.
Nasdaq Yewno Global Innovative Tech Ex Disputable Activities USD NTR 5% Decrement Index (NASDAQ:NYGITXDE5)
Sidelines Mode (+55) - NYGITXDE5 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 NYGITXDE5?
MarketClub looks at technical strength and momentum to determine if the timing is right for NYGITXDE5.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NYGITXDE5
The long-term trend has been UP since Dec 1st, 2020 at 1172.51
The intermediate-term trend has been DOWN since Sep 20th, 2021 at 1389.59
The short-term trend has been UP since Sep 23rd, 2021 at 1389.83
Smart Scan Analysis for NYGITXDE5
Based on our trend formula, NYGITXDE5 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).