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Index Trend Analysis Report

Prepared for you on Monday, May 16, 2022.

Nasdaq CTA Emerging Markets Internet & E-commerce Net Total Return Index GBP (NASDAQ:QNETEMNRGBP)

Countertrend Down (-85) - QNETEMNRGBP 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 QNETEMNRGBP?

MarketClub looks at technical strength and momentum to determine if the timing is right for QNETEMNRGBP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_QNETEMNRGBP
Open High Low QNETEMNRGBP Price Change
522.72 530.15 517.94 521.28 -4.97
Entry Signal

MarketClub’s Trade Triangles for QNETEMNRGBP

long term down The long-term trend has been DOWN since May 10th, 2021 at 1041.35

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2022 at 548.35

short term up The short-term trend has been UP since May 13th, 2022 at 508.26

Smart Scan Analysis for QNETEMNRGBP

Based on our trend formula, QNETEMNRGBP is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for QNETEMNRGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
522.72 530.15 517.94 521.28 -4.97
Prev. Close Volume Bid Ask Time
526.25 0 2022-05-16 17:14:00
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