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Stock Trend Analysis Report
Prepared for you on Thursday, May 9, 2024.
NGEX MINERALS LTD (TSE:NGEX)
Crossroads (-60) - NGEX is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NGEX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NGEX.
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 NGEX
The long-term trend has been UP since Mar 7th, 2024 at 8.39
The intermediate-term trend has been DOWN since May 8th, 2024 at 8.77
The short-term trend has been DOWN since Apr 30th, 2024 at 9.71
Smart Scan Analysis for NGEX
Based on our trend formula, NGEX is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 9.12 | 9.27 | 9.08 | 9.16 | +0.29 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.87 | 130359 | 2024-05-09 12:59:30 |