Index Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Reality Shares Nasdaq Blockchain China TR Index (NASDAQ:RSBCNAUST)
Sidelines Mode (-55) - RSBCNAUST 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 RSBCNAUST?
MarketClub looks at technical strength and momentum to determine if the timing is right for RSBCNAUST.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RSBCNAUST
The long-term trend has been DOWN since Jul 8th, 2021 at 1196.64
The intermediate-term trend has been DOWN since Sep 27th, 2021 at 1086.28
The short-term trend has been UP since Oct 5th, 2021 at 1087.99
Smart Scan Analysis for RSBCNAUST
Based on our trend formula, RSBCNAUST is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).