Index Trend Analysis Report
Prepared for you on Friday, May 20, 2022.
Nasdaq CTA Global Video Games and ESports Gross Total Return Index (NASDAQ:PLAYERTR)
Sidelines Mode (-55) - PLAYERTR 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 PLAYERTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLAYERTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLAYERTR
The long-term trend has been DOWN since Nov 30th, 2021 at 999.97
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 825.53
The short-term trend has been UP since May 13th, 2022 at 676.56
Smart Scan Analysis for PLAYERTR
Based on our trend formula, PLAYERTR is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).