Stock Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
Global X MSCI Nigeria ETF (PACF:NGE)
Bull Market Weakness (+75) - NGE is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NGE as it may be in the beginning stages of a reversal.
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 Dec 10th, 2021 at 9.8400
The intermediate-term trend has been UP since Jan 18th, 2022 at 10.1991
The short-term trend has been UP since Jan 14th, 2022 at 9.9300
Smart Scan Analysis for NGE
Based on our trend formula, NGE is rated as a +70 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||9.12||52wk Low Date||2021-12-31|
|Average Volume||23,276||Shares Outstanding||2,962|