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Index Trend Analysis Report

Prepared for you on Monday, September 25, 2023.

Nasdaq Victory Emerging Market Value Momentum Index (NASDAQ:VMELM)

Weak Downtrend (-65) - VMELM is showing signs of a strengthening downtrend. Monitor VMELM as it may be building momentum to the downside.

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
1107.54 1108.81 1105.80 1107.02 -3.47
Entry Signal

MarketClub’s Trade Triangles for VMELM

long term up The long-term trend has been UP since Nov 11th, 2022 at 1002.80

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2023 at 1109.00

short term down The short-term trend has been DOWN since Sep 21st, 2023 at 1111.99

Smart Scan Analysis for VMELM

Based on our trend formula, VMELM is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for VMELM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1107.54 1108.81 1105.80 1107.02 -3.47
Prev. Close Volume Bid Ask Time
1110.49 0 2023-09-25 17:14:00
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