Index Trend Analysis Report
Prepared for you on Saturday, May 28, 2022.
NASDAQ OMX Clean Edge Smart Grid Infrastructure Net Total Return Index (NASDAQ:QGDN)
Sidelines Mode (-55) - QGDN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QGDN?
MarketClub looks at technical strength and momentum to determine if the timing is right for QGDN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QGDN
The long-term trend has been DOWN since Jan 24th, 2022 at 929.62
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 921.33
The short-term trend has been UP since May 26th, 2022 at 849.12
Smart Scan Analysis for QGDN
Based on our trend formula, QGDN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).