Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
NASDAQ INTERNET INDEX (NASDAQ:QNET)
Crossroads (-60) - QNET is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QNET?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNET.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for QNET
The long-term trend has been UP since Nov 14th, 2023 at 1015.41
The intermediate-term trend has been DOWN since Jul 18th, 2024 at 1228.91
The short-term trend has been DOWN since Jul 24th, 2024 at 1226.06
Smart Scan Analysis for QNET
Based on our trend formula, QNET is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1202.82 | 1212.15 | 1198.16 | 1205.04 | +12.37 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1192.67 | 0 | 2024-07-26 17:14:55 |
| 52wk High | 875.13 | 52wk High Date | 2018-06-20 |
| 52wk Low | 646.93 | 52wk Low Date | 2018-11-20 |