Stock Trend Analysis Report
Prepared for you on Monday, May 29, 2023.
NexGel, Inc (NASDAQ:NXGL)
Long-Term Uptrend (+90) - NXGL is in a strong uptrend that is likely to continue. While NXGL is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NXGL?
MarketClub looks at technical strength and momentum to determine if the timing is right for NXGL.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NXGL
The long-term trend has been UP since May 19th, 2023 at 1.810
The intermediate-term trend has been UP since Apr 24th, 2023 at 1.660
The short-term trend has been UP since May 4th, 2023 at 1.565
Smart Scan Analysis for NXGL
Based on our trend formula, NXGL is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2.77||52wk High Date||2023-05-26|
|52wk Low||1.09||52wk Low Date||2022-12-29|