Stock Trend Analysis Report
Prepared for you on Saturday, January 23, 2021.
Nippon Dragon Resources Inc (CDNX:NIP)
Long-Term Downtrend (-90) - NIP is in a strong downtrend that is likely to continue. While NIP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NIP?
MarketClub looks at technical strength and momentum to determine if the timing is right for NIP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NIP
The long-term trend has been DOWN since Nov 24th, 2020 at 0.040
The intermediate-term trend has been DOWN since Jan 18th, 2021 at 0.045
The short-term trend has been DOWN since Jan 18th, 2021 at 0.045
Smart Scan Analysis for NIP
Based on our trend formula, NIP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||0.065||Year High Date||2018-01-02|
|Year Low||0.015||Year Low Date||2018-10-16|
|52wk High||0.065||52wk High Date||2018-01-02|
|52wk Low||0.015||52wk Low Date||2018-10-16|