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.
MarketClub’s Trade Triangles for NLLSF
The long-term trend has been DOWN since Mar 13th, 2023 at 1.31
The intermediate-term trend has been DOWN since May 24th, 2023 at 1.28
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).
|Year High||0.59||Year High Date||2018-10-08|
|Year Low||0.347||Year Low Date||2018-05-04|
|52wk High||1.95||52wk High Date||2022-08-17|
|52wk Low||0.9||52wk Low Date||2022-07-13|