Index Trend Analysis Report
Prepared for you on Monday, March 18, 2024.
Nasdaq Victory Emerging Market Value Momentum Index (NASDAQ:VMELM)
Weak Uptrend (+65) - VMELM is showing signs of weakening momentum to the upside. Monitor 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 Dec 1st, 2023 at 1142.81
The intermediate-term trend has been UP since Jan 28th, 2024 at 1191.60
The short-term trend has been DOWN since Mar 13th, 2024 at 1233.84
Smart Scan Analysis for VMELM
Based on our trend formula, VMELM is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1225.38 | 1226.62 | 1221.25 | 1221.76 | +0.06 |
Prev. Close | Volume | Bid | Ask | Time |
1221.70 | 0 | 2024-03-18 17:14:00 |