Index Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
Nasdaq CTA Emerging Markets Internet & E-commerce Net Total Return Index HKD (NASDAQ:QNETEMNRHKD)
Sidelines Mode (+55) - QNETEMNRHKD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid QNETEMNRHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNETEMNRHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNETEMNRHKD
The long-term trend has been UP since Jul 13th, 2023 at 578.11
The intermediate-term trend has been DOWN since Sep 18th, 2023 at 547.68
The short-term trend has been UP since Sep 29th, 2023 at 529.33
Smart Scan Analysis for QNETEMNRHKD
Based on our trend formula, QNETEMNRHKD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).