Index Trend Analysis Report
Prepared for you on Thursday, May 19, 2022.
Nasdaq CTA Emerging Markets Internet & E-commerce Total Return Index HKD (NASDAQ:QNETEMTRHKD)
Countertrend Down (-85) - QNETEMTRHKD 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 QNETEMTRHKD?
MarketClub looks at technical strength and momentum to determine if the timing is right for QNETEMTRHKD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for QNETEMTRHKD
The long-term trend has been DOWN since May 10th, 2021 at 1111.85
The intermediate-term trend has been DOWN since Jan 26th, 2022 at 681.30
The short-term trend has been UP since May 13th, 2022 at 492.94
Smart Scan Analysis for QNETEMTRHKD
Based on our trend formula, QNETEMTRHKD is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).