Index Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
NASDAQ-100 1x Short Net Total Return Index (NASDAQ:XNDXS1NNR)
Strong Downtrend (-100) - XNDXS1NNR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid XNDXS1NNR?
MarketClub looks at technical strength and momentum to determine if the timing is right for XNDXS1NNR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XNDXS1NNR
The long-term trend has been DOWN since Apr 28th, 2020 at 445.04
The intermediate-term trend has been DOWN since Apr 1st, 2021 at 280.10
The short-term trend has been DOWN since Mar 31st, 2021 at 285.68
Smart Scan Analysis for XNDXS1NNR
Based on our trend formula, XNDXS1NNR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).