Index Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
NASDAQ OMX Global Automobile Total Return (NASDAQ:QAUTOX)
Countertrend Down (-85) - QAUTOX is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid QAUTOX?
MarketClub looks at technical strength and momentum to determine if the timing is right for QAUTOX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QAUTOX
The long-term trend has been DOWN since Feb 8th, 2022 at 617.18
The intermediate-term trend has been DOWN since Jun 14th, 2022 at 518.74
The short-term trend has been UP since Jun 22nd, 2022 at 535.19
Smart Scan Analysis for QAUTOX
Based on our trend formula, QAUTOX is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||435.97||52wk High Date||2018-01-24|
|52wk Low||314.48||52wk Low Date||2018-10-25|