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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
Newport Exploration Ltd (CDNX:NWX)
Strong Downtrend (-100) - NWX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NWX continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NWX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NWX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NWX
The long-term trend has been DOWN since Oct 31st, 2023 at 0.250
The intermediate-term trend has been DOWN since Feb 2nd, 2024 at 0.230
The short-term trend has been DOWN since Apr 4th, 2024 at 0.155
Smart Scan Analysis for NWX
Based on our trend formula, NWX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.155 | 0.155 | 0.155 | 0.155 | 0.000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.155 | 400 | 2024-05-09 09:30:00 |
| Year High | 0.38 | Year High Date | 2018-05-18 |
| Year Low | 0.22 | Year Low Date | 2018-01-05 |
| 52wk High | 0.38 | 52wk High Date | 2018-05-18 |
| 52wk Low | 0.215 | 52wk Low Date | 2017-12-18 |
| Year End Close | 0.065 | Average Volume | 42,660 |
| Volatility | 93.3 |