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Stock Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

Global X MSCI Nigeria ETF (PACF:NGE)

Sidelines Mode (+55) - NGE 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 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.

PACF_NGE
Open High Low NGE Price Change
3.74 3.74 3.72 3.73 -0.01
Entry Signal

MarketClub’s Trade Triangles for NGE

long term down The long-term trend has been DOWN since Oct 9th, 2023 at 8.3304

intermediate term up The intermediate-term trend has been UP since Mar 7th, 2024 at 3.7499

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 3.7200

Smart Scan Analysis for NGE

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

+55
Smart Scan Analysis for NGE
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.74 3.74 3.72 3.73 -0.01
Prev. Close Volume Bid Ask Time
3.74 17191 2024-03-25 11:45:36
Year High27.1Year High Date2018-01-18
Year Low16.6001Year Low Date2018-09-13
52wk High10.8952wk High Date2023-06-20
52wk Low3.550152wk Low Date2024-03-06
Average Volume19,349Shares Outstanding2,962
Volatility18.67
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