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Stock Trend Analysis Report

Prepared for you on Wednesday, November 20, 2024.

NioCorp Developments Ltd. (NASDAQ:NB)

Long-Term Downtrend (-90) - NB is in a strong downtrend that is likely to continue. While NB 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 NB?

MarketClub looks at technical strength and momentum to determine if the timing is right for NB.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NB
Open High Low NB Price Change
1.450 1.450 1.380 1.405 -0.045
Entry Signal

MarketClub’s Trade Triangles for NB

long term down The long-term trend has been DOWN since Apr 29th, 2024 at 2.22

intermediate term down The intermediate-term trend has been DOWN since Oct 9th, 2024 at 1.68

short term down The short-term trend has been DOWN since Nov 14th, 2024 at 1.46

Smart Scan Analysis for NB

Based on our trend formula, NB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NB
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.450 1.450 1.380 1.405 -0.045
Prev. Close Volume Bid Ask Time
1.410 139652 2024-11-19 15:59:14
52wk High3.99952wk High Date2024-04-10
52wk Low1.2752wk Low Date2024-11-04
Average Volume246,561Shares Outstanding78,996
Assets18,323,000MLiabilities15,942,000M
P/E Ratio-18.92500000
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