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Index Trend Analysis Report

Prepared for you on Wednesday, September 27, 2023.

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

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

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
1162.29 1165.53 1161.10 1163.57 +1.73
Entry Signal

MarketClub’s Trade Triangles for VMELMT

long term up The long-term trend has been UP since Nov 10th, 2022 at 1003.28

intermediate term down The intermediate-term trend has been DOWN since Sep 21st, 2023 at 1173.26

short term down The short-term trend has been DOWN since Sep 21st, 2023 at 1178.50

Smart Scan Analysis for VMELMT

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

-70
Smart Scan Analysis for VMELMT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1162.29 1165.53 1161.10 1163.57 +1.73
Prev. Close Volume Bid Ask Time
1161.84 0 2023-09-27 11:07:00
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