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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.

PACF_NGE
Open High Low NGE Price Change
7.4800 7.5700 7.4700 7.4950 -0.0755
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 down The intermediate-term trend has been DOWN since Dec 5th, 2023 at 7.5100

short term down 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).

-100
Smart Scan Analysis for NGE
Strong Downtrend Sideways 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 High27.1Year High Date2018-01-18
Year Low16.6001Year Low Date2018-09-13
52wk High10.8952wk High Date2023-06-20
52wk Low7.2252wk Low Date2023-10-27
Average Volume8,190Shares Outstanding2,962
Volatility18.67
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