Stock Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
Global X MSCI Nigeria ETF (PACF:NGE)
Crossroads (+60) - NGE is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NGE?
MarketClub looks at technical strength and momentum to determine if the timing is right for NGE.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NGE
The long-term trend has been DOWN since Jul 16th, 2021 at 11.53
The intermediate-term trend has been UP since Oct 14th, 2021 at 10.59
The short-term trend has been UP since Oct 12th, 2021 at 10.44
Smart Scan Analysis for NGE
Based on our trend formula, NGE is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||27.1||Year High Date||2018-01-18|
|Year Low||16.6001||Year Low Date||2018-09-13|
|52wk High||13.71||52wk High Date||2021-01-20|
|52wk Low||9.84||52wk Low Date||2021-09-20|
|Average Volume||12,898||Shares Outstanding||2,962|