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Stock Trend Analysis Report
Prepared for you on Sunday, December 10, 2023.
Niocorp Developments Ltd (TSE:NB)
Long-Term Downtrend (-90) - NB is in a strong downtrend that is likely to continue. While NB is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NB?
MarketClub looks at technical strength and momentum to determine if the timing is right for NB.
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 NB
The long-term trend has been DOWN since Mar 17th, 2023 at 0.96
The intermediate-term trend has been DOWN since Nov 22nd, 2023 at 4.85
The short-term trend has been DOWN since Dec 5th, 2023 at 4.28
Smart Scan Analysis for NB
Based on our trend formula, NB is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4.12 | 4.42 | 4.12 | 4.42 | +0.30 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4.40 | 20674 | 2023-12-08 15:51:23 |
| Year High | 0.76 | Year High Date | 2018-02-26 |
| Year Low | 0.52 | Year Low Date | 2018-05-15 |
| 52wk High | 0.78 | 52wk High Date | 2017-12-28 |
| 52wk Low | 0.37 | 52wk Low Date | 2017-12-07 |
| Average Volume | 54,853 | Volatility | 40.39 |