Index Trend Analysis Report
Prepared for you on Thursday, May 19, 2022.
Nasdaq CTA Emerging Markets Internet & E-commerce Index CHF (NASDAQ:QNETEMCHF)
Countertrend Down (-85) - QNETEMCHF is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid QNETEMCHF?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNETEMCHF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNETEMCHF
The long-term trend has been DOWN since May 4th, 2021 at 1135.74
The intermediate-term trend has been DOWN since Jan 27th, 2022 at 677.42
The short-term trend has been UP since May 13th, 2022 at 523.86
Smart Scan Analysis for QNETEMCHF
Based on our trend formula, QNETEMCHF is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).