Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
Nasdaq CTA Emerging Markets Internet & E-commerce Net Total Return Index (NASDAQ:QNETEMNR)
Crossroads (-60) - QNETEMNR 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 QNETEMNR?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNETEMNR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNETEMNR
The long-term trend has been UP since Nov 4th, 2020 at 1012.92
The intermediate-term trend has been DOWN since Mar 4th, 2021 at 1298.73
The short-term trend has been DOWN since Apr 7th, 2021 at 1179.96
Smart Scan Analysis for QNETEMNR
Based on our trend formula, QNETEMNR is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).