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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Nasdaq Victory Emerging Market Value Momentum Total Return Index (NASDAQ:VMELMT)
Crossroads (-60) - VMELMT is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid VMELMT?
MarketClub looks at technical strength and momentum to determine if the timing is right for VMELMT.
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 VMELMT
The long-term trend has been UP since Dec 1st, 2023 at 1216.82
The intermediate-term trend has been DOWN since Jul 22nd, 2024 at 1431.44
The short-term trend has been DOWN since Jul 17th, 2024 at 1474.65
Smart Scan Analysis for VMELMT
Based on our trend formula, VMELMT is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1419.56 | 1431.30 | 1419.35 | 1430.78 | +6.45 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1424.33 | 0 | 2024-07-26 17:13:00 |