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Stock Trend Analysis Report

Prepared for you on Thursday, June 1, 2023.

NEL ASA (NASDAQ:NLLSF)

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

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

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

NASDAQ_NLLSF
Open High Low NLLSF Price Change
1.240 1.255 1.240 1.250 -0.020
Entry Signal

MarketClub’s Trade Triangles for NLLSF

long term down The long-term trend has been DOWN since Mar 13th, 2023 at 1.31

intermediate term down The intermediate-term trend has been DOWN since May 24th, 2023 at 1.28

short term down The short-term trend has been DOWN since May 24th, 2023 at 1.32

Smart Scan Analysis for NLLSF

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

-90
Smart Scan Analysis for NLLSF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.240 1.255 1.240 1.250 -0.020
Prev. Close Volume Bid Ask Time
1.270 1325 2023-06-01 09:57:00
Year High0.59Year High Date2018-10-08
Year Low0.347Year Low Date2018-05-04
52wk High1.9552wk High Date2022-08-17
52wk Low0.952wk Low Date2022-07-13
Average Volume22,743
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