Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Wednesday, December 4, 2024.
Nasdaq Victory Emerging Market Value Momentum Index (NASDAQ:VMELM)
Bull Market Weakness (+75) - VMELM is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on VMELM as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid VMELM?
MarketClub looks at technical strength and momentum to determine if the timing is right for VMELM.
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 VMELM
The long-term trend has been UP since Sep 24th, 2024 at 1356.70
The intermediate-term trend has been DOWN since Oct 25th, 2024 at 1355.03
The short-term trend has been UP since Dec 2nd, 2024 at 1312.99
Smart Scan Analysis for VMELM
Based on our trend formula, VMELM is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1332.29 | 1335.50 | 1330.94 | 1334.86 | +11.87 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1332.17 | 0 | 2024-12-04 12:17:00 |