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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.

NASDAQ_VMELM
Open High Low VMELM Price Change
1225.38 1226.62 1221.25 1221.76 +0.06
Entry Signal

MarketClub’s Trade Triangles for VMELM

long term up The long-term trend has been UP since Dec 1st, 2023 at 1142.81

intermediate term up The intermediate-term trend has been UP since Jan 28th, 2024 at 1191.60

short term down 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).

+65
Smart Scan Analysis for VMELM
Strong Downtrend Sideways 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
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