Index Trend Analysis Report
Prepared for you on Sunday, May 16, 2021.
Horizon Kinetics ISE Asia ex Japan Wealth Index (NASDAQ:WEALTHAX)
Weak Downtrend (-65) - WEALTHAX is showing signs of a strengthening downtrend. Monitor WEALTHAX as it may be building momentum to the downside.
Is it time to buy, sell, or avoid WEALTHAX?
MarketClub looks at technical strength and momentum to determine if the timing is right for WEALTHAX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for WEALTHAX
The long-term trend has been UP since Jul 2nd, 2020 at 161.94
The intermediate-term trend has been DOWN since May 13th, 2021 at 235.70
The short-term trend has been DOWN since May 12th, 2021 at 240.56
Smart Scan Analysis for WEALTHAX
Based on our trend formula, WEALTHAX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).