Index Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
Nasdaq CTA Emerging Markets Internet & E-commerce Index (NASDAQ:QNETEM)
Strong Downtrend (-100) - QNETEM is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid QNETEM?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNETEM.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNETEM
The long-term trend has been DOWN since May 10th, 2021 at 1109.33
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 1298.26
The short-term trend has been DOWN since Apr 30th, 2021 at 1182.34
Smart Scan Analysis for QNETEM
Based on our trend formula, QNETEM is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).