Index Trend Analysis Report
Prepared for you on Tuesday, June 22, 2021.
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 DOWN since May 13th, 2021 at 1318.19
The intermediate-term trend has been UP since Jun 1st, 2021 at 1442.45
The short-term trend has been UP since Jun 17th, 2021 at 1484.01
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).
|52wk High||875.13||52wk High Date||2018-06-20|
|52wk Low||646.93||52wk Low Date||2018-11-20|