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Index Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

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
1314.24 1316.66 1312.20 1314.41 -6.84
Entry Signal

MarketClub’s Trade Triangles for VMELM

long term up The long-term trend has been UP since Sep 24th, 2024 at 1356.70

intermediate term down The intermediate-term trend has been DOWN since Oct 25th, 2024 at 1355.03

short term down The short-term trend has been DOWN since Nov 21st, 2024 at 1312.49

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
1314.24 1316.66 1312.20 1314.41 -6.84
Prev. Close Volume Bid Ask Time
1314.21 0 2024-11-21 18:09:00
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