Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
NASDAQ Composite Net Total Return CAD (NASDAQ:XCMPCADNNR)
Long-Term Uptrend (+90) - XCMPCADNNR is in a strong uptrend that is likely to continue. While XCMPCADNNR is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid XCMPCADNNR?
MarketClub looks at technical strength and momentum to determine if the timing is right for XCMPCADNNR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XCMPCADNNR
The long-term trend has been UP since May 20th, 2020 at 1477.98
The intermediate-term trend has been UP since Apr 5th, 2021 at 1940.47
The short-term trend has been UP since Mar 31st, 2021 at 1891.68
Smart Scan Analysis for XCMPCADNNR
Based on our trend formula, XCMPCADNNR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).