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Stock Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
Global X MSCI Nigeria ETF (PACF:NGE)
Strong Downtrend (-100) - NGE is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NGE continues to fall. Traders should use caution and set stops.
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.
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MarketClub’s Trade Triangles for NGE
The long-term trend has been DOWN since Oct 9th, 2023 at 8.3304
The intermediate-term trend has been DOWN since Dec 5th, 2023 at 7.5100
The short-term trend has been DOWN since Dec 1st, 2023 at 7.6032
Smart Scan Analysis for NGE
Based on our trend formula, NGE is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 7.4800 | 7.5700 | 7.4700 | 7.4950 | -0.0755 |
| Prev. Close | Volume | Bid | Ask | Time |
| 7.4992 | 3527 | 2023-12-07 15:57:08 |
| Year High | 27.1 | Year High Date | 2018-01-18 |
| Year Low | 16.6001 | Year Low Date | 2018-09-13 |
| 52wk High | 10.89 | 52wk High Date | 2023-06-20 |
| 52wk Low | 7.22 | 52wk Low Date | 2023-10-27 |
| Average Volume | 8,190 | Shares Outstanding | 2,962 |
| Volatility | 18.67 |