Index Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
Nasdaq Yewno Glbl Innovative Tech Ex Index EUR ER (NASDAQ:NYGITXEE)
Countertrend Up (+85) - NYGITXEE is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid NYGITXEE?
MarketClub looks at technical strength and momentum to determine if the timing is right for NYGITXEE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NYGITXEE
The long-term trend has been UP since Jun 1st, 2020 at 1198.88
The intermediate-term trend has been UP since Aug 6th, 2020 at 1279.91
The short-term trend has been UP since Aug 6th, 2020 at 1252.21
Smart Scan Analysis for NYGITXEE
Based on our trend formula, NYGITXEE is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).