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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

Nexalin Technology, Inc. (NASDAQ:NXL)

Sidelines Mode (+55) - NXL 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 NXL?

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

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

NASDAQ_NXL
Open High Low NXL Price Change
1.2600 1.2971 1.2100 1.2173 -0.0827
Entry Signal

MarketClub’s Trade Triangles for NXL

long term up The long-term trend has been UP since Mar 6th, 2024 at 0.5511

intermediate term up The intermediate-term trend has been UP since Mar 6th, 2024 at 0.3700

short term down The short-term trend has been DOWN since May 3rd, 2024 at 1.4600

Smart Scan Analysis for NXL

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

+55
Smart Scan Analysis for NXL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2600 1.2971 1.2100 1.2173 -0.0827
Prev. Close Volume Bid Ask Time
1.3000 39854 2024-05-08 15:59:43
52wk High3.452wk High Date2024-04-02
52wk Low0.252852wk Low Date2024-02-13
Average Volume184,197Shares Outstanding7,437
Assets5,930,473MLiabilities1,195,444M
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