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Index Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

Nasdaq CTA Smartphone Total Return Index (NASDAQ:QFNX)

Bull Market Weakness (+75) - QFNX is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on QFNX as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid QFNX?

MarketClub looks at technical strength and momentum to determine if the timing is right for QFNX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_QFNX
Open High Low QFNX Price Change
998.92 999.33 991.07 992.34 -9.95
Entry Signal

MarketClub’s Trade Triangles for QFNX

long term up The long-term trend has been UP since May 15th, 2024 at 983.52

intermediate term up The intermediate-term trend has been UP since May 6th, 2024 at 965.85

short term down The short-term trend has been DOWN since May 24th, 2024 at 990.30

Smart Scan Analysis for QFNX

Based on our trend formula, QFNX is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for QFNX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
998.92 999.33 991.07 992.34 -9.95
Prev. Close Volume Bid Ask Time
1002.29 0 2024-05-29 11:31:04
52wk High649.0752wk High Date2018-03-13
52wk Low505.0252wk Low Date2018-10-29
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