Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Friday, June 14, 2024.

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

Sidelines Mode (+55) - VMELM is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
1316.34 1321.03 1315.37 1318.05 +5.22
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 down The intermediate-term trend has been DOWN since Jun 4th, 2024 at 1297.95

short term up The short-term trend has been UP since Jun 14th, 2024 at 1314.69

Smart Scan Analysis for VMELM

Based on our trend formula, VMELM is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for VMELM
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1316.34 1321.03 1315.37 1318.05 +5.22
Prev. Close Volume Bid Ask Time
1312.83 0 2024-06-14 16:44:00
Get a free daily analysis and signals for Nasdaq Victory Emerging Market Value Momentum Index (VMELM) - Request Your Free Report.