Index Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
NASDAQ-100 3X INVERSE TOTAL RETURN INDEX (NASDAQ:XNDXS3)
Bear Market Rally (-75) - XNDXS3 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on XNDXS3 as it may be in the beginning of a reversal.
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 Nov 14th, 2023 at 3.3083
The intermediate-term trend has been DOWN since Nov 7th, 2023 at 3.6819
The short-term trend has been UP since Mar 11th, 2024 at 2.2767
Smart Scan Analysis for XNDXS3
Based on our trend formula, XNDXS3 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
2.2456 | 2.2656 | 2.2064 | 2.2610 | -0.0649 |
Prev. Close | Volume | Bid | Ask | Time |
2.2610 | 0 | 2024-03-18 17:14:00 |
52wk High | 392.8 | 52wk High Date | 2018-02-09 |
52wk Low | 186.02 | 52wk Low Date | 2018-10-01 |