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Index Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
NASDAQ OMX GLOBAL AUTOMOBILE INDEX (NASDAQ:QAUTO)
Long-Term Downtrend (-90) - QAUTO is in a strong downtrend that is likely to continue. While QAUTO 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 QAUTO?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAUTO.
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 QAUTO
The long-term trend has been DOWN since Jun 12th, 2024 at 400.42
The intermediate-term trend has been DOWN since Oct 15th, 2024 at 394.10
The short-term trend has been DOWN since Nov 20th, 2024 at 397.15
Smart Scan Analysis for QAUTO
Based on our trend formula, QAUTO is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 396.93 | 397.70 | 395.13 | 396.84 | -5.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 396.92 | 0 | 2024-11-21 13:26:00 |
| 52wk High | 372.65 | 52wk High Date | 2018-01-24 |
| 52wk Low | 260.81 | 52wk Low Date | 2018-10-25 |