Index Trend Analysis Report
Prepared for you on Tuesday, September 27, 2022.
Nasdaq CTA Global Video Games and ESports Index (NASDAQ:PLAYER)
Long-Term Downtrend (-90) - PLAYER is in a strong downtrend that is likely to continue. While PLAYER 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 PLAYER?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLAYER.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLAYER
The long-term trend has been DOWN since Nov 30th, 2021 at 999.97
The intermediate-term trend has been DOWN since Aug 22nd, 2022 at 699.63
The short-term trend has been DOWN since Sep 14th, 2022 at 655.88
Smart Scan Analysis for PLAYER
Based on our trend formula, PLAYER is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).