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Index Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
Nasdaq CTA Global Video Games Software Index (NASDAQ:PLAYR2)
Sidelines Mode (-55) - PLAYR2 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 PLAYR2?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLAYR2.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for PLAYR2
The long-term trend has been UP since Jun 4th, 2024 at 974.84
The intermediate-term trend has been DOWN since Oct 16th, 2024 at 1075.75
The short-term trend has been UP since Oct 21st, 2024 at 1085.12
Smart Scan Analysis for PLAYR2
Based on our trend formula, PLAYR2 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1080.36 | 1080.40 | 1078.94 | 1079.25 | -3.19 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1088.55 | 0 | 2024-10-22 23:38:00 |