Index Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
NASDAQ OMX GLOBAL AUTOMOBILE INDEX (NASDAQ:QAUTO)
Strong Uptrend (+100) - QAUTO is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, QAUTO continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for QAUTO
The long-term trend has been UP since Jun 1st, 2021 at 492.53
The intermediate-term trend has been UP since Oct 11th, 2021 at 490.14
The short-term trend has been UP since Oct 8th, 2021 at 480.32
Smart Scan Analysis for QAUTO
Based on our trend formula, QAUTO is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||372.65||52wk High Date||2018-01-24|
|52wk Low||260.81||52wk Low Date||2018-10-25|