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Stock Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

NexGel, Inc (NASDAQ:NXGL)

Sidelines Mode (+55) - NXGL is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

NASDAQ_NXGL
Open High Low NXGL Price Change
2.19 2.35 2.17 2.20 +0.02
Entry Signal

MarketClub’s Trade Triangles for NXGL

long term up The long-term trend has been UP since Jan 8th, 2024 at 2.40

intermediate term down The intermediate-term trend has been DOWN since Apr 1st, 2024 at 2.33

short term up The short-term trend has been UP since Apr 19th, 2024 at 2.22

Smart Scan Analysis for NXGL

Based on our trend formula, NXGL is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NXGL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.19 2.35 2.17 2.20 +0.02
Prev. Close Volume Bid Ask Time
2.20 1430 2024-04-23 15:56:37
52wk High3.1452wk High Date2024-03-06
52wk Low1.452wk Low Date2023-05-02
Average Volume20,615Assets9,955,000M
Liabilities5,258,000M
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