Index Trend Analysis Report
Prepared for you on Monday, September 25, 2023.
Nasdaq CTA Global Video Games Software AUD Index (NASDAQ:PLAYR2A)
Long-Term Downtrend (-90) - PLAYR2A is in a strong downtrend that is likely to continue. While PLAYR2A 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 PLAYR2A?
MarketClub looks at technical strength and momentum to determine if the timing is right for PLAYR2A.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PLAYR2A
The long-term trend has been DOWN since Aug 10th, 2023 at 966.21
The intermediate-term trend has been DOWN since Sep 18th, 2023 at 953.69
The short-term trend has been DOWN since Sep 8th, 2023 at 972.18
Smart Scan Analysis for PLAYR2A
Based on our trend formula, PLAYR2A is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).