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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Nasdaq Blockchain Economy Index (NASDAQ:RSBLCN)
Countertrend Up (+85) - RSBLCN is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid RSBLCN?
MarketClub looks at technical strength and momentum to determine if the timing is right for RSBLCN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for RSBLCN
The long-term trend has been UP since Dec 1st, 2023 at 1598.94
The intermediate-term trend has been UP since May 7th, 2024 at 2037.18
The short-term trend has been DOWN since Jul 18th, 2024 at 2166.37
Smart Scan Analysis for RSBLCN
Based on our trend formula, RSBLCN is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2113.51 | 2155.55 | 2109.42 | 2148.18 | +44.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2104.18 | 0 | 2024-07-26 17:13:00 |