Index Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
Nasdaq Yewno Global Innovative Tech Ex Disputable Activities USD NTR 5% Decrement Index (NASDAQ:NYGITXDE5)
Crossroads (+60) - NYGITXDE5 is struggling to move into a solid trend. Beware of choppy markets 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 DOWN since Jan 20th, 2022 at 1316.20
The intermediate-term trend has been UP since Jul 21st, 2022 at 1061.87
The short-term trend has been UP since Aug 10th, 2022 at 1106.66
Smart Scan Analysis for NYGITXDE5
Based on our trend formula, NYGITXDE5 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).