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Index Trend Analysis Report

Prepared for you on Monday, June 17, 2024.

Nasdaq Victory Emerging Market Value Momentum Total Return Index (NASDAQ:VMELMT)

Sidelines Mode (-55) - VMELMT 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 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.

NASDAQ_VMELMT
Open High Low VMELMT Price Change
1423.00 1423.07 1417.20 1417.44 -4.87
Entry Signal

MarketClub’s Trade Triangles for VMELMT

long term up The long-term trend has been UP since Dec 1st, 2023 at 1216.82

intermediate term down The intermediate-term trend has been DOWN since Jun 4th, 2024 at 1391.09

short term up The short-term trend has been UP since Jun 14th, 2024 at 1418.40

Smart Scan Analysis for VMELMT

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

-55
Smart Scan Analysis for VMELMT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1423.00 1423.07 1417.20 1417.44 -4.87
Prev. Close Volume Bid Ask Time
1422.31 0 2024-06-17 09:21:00
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