Index Trend Analysis Report
Prepared for you on Monday, May 25, 2020.
NASDAQ-100 3X INVERSE TOTAL RETURN INDEX (NASDAQ:XNDXS3)
Strong Downtrend (-100) - XNDXS3 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 XNDXS3?
MarketClub looks at technical strength and momentum to determine if the timing is right for XNDXS3.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for XNDXS3
The long-term trend has been DOWN since Apr 7th, 2020 at 71.124
The intermediate-term trend has been DOWN since Mar 26th, 2020 at 86.188
The short-term trend has been DOWN since May 18th, 2020 at 48.027
Smart Scan Analysis for XNDXS3
Based on our trend formula, XNDXS3 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||392.8||52wk High Date||2018-02-09|
|52wk Low||186.02||52wk Low Date||2018-10-01|