Stock Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
NORSEMONT MINING INC (NASDAQ:NRRSF)
Sidelines Mode (+50) - NRRSF is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until NRRSF can gain momentum.
Is it time to buy, sell, or avoid NRRSF?
MarketClub looks at technical strength and momentum to determine if the timing is right for NRRSF.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NRRSF
The long-term trend has been DOWN since Feb 4th, 2022 at 0.55050
The intermediate-term trend has been UP since Oct 31st, 2023 at 0.10936
The short-term trend has been UP since Nov 29th, 2023 at 0.08560
Smart Scan Analysis for NRRSF
Based on our trend formula, NRRSF is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.3101||52wk High Date||2023-01-13|
|52wk Low||0.069||52wk Low Date||2023-10-26|