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Index Trend Analysis Report

Prepared for you on Saturday, May 25, 2024.

NASDAQ 100 INDEX PRE MARKET INDICATOR (NASDAQ:QMI)

Long-Term Uptrend (+90) - QMI is in a strong uptrend that is likely to continue. While QMI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

NASDAQ_QMI
Open High Low QMI Price Change
18676.31 18697.02 18670.57 18688.50 -217.57
Entry Signal

MarketClub’s Trade Triangles for QMI

long term up The long-term trend has been UP since Nov 14th, 2023 at 15710.86

intermediate term up The intermediate-term trend has been UP since May 10th, 2024 at 18158.58

short term up The short-term trend has been UP since May 3rd, 2024 at 17763.20

Smart Scan Analysis for QMI

Based on our trend formula, QMI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for QMI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
18676.31 18697.02 18670.57 18688.50 -217.57
Prev. Close Volume Bid Ask Time
18682.71 0 2024-05-24 09:28:41
52wk High7673.6552wk High Date2018-10-01
52wk Low6241.5852wk Low Date2017-12-06
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