Stock Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Niocorp Developments Ltd (TSE:NB)
Sidelines Mode (-55) - NB 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 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.
MarketClub’s Trade Triangles for NB
The long-term trend has been DOWN since Sep 2nd, 2021 at 1.20
The intermediate-term trend has been DOWN since Aug 11th, 2021 at 1.24
The short-term trend has been UP since Oct 18th, 2021 at 0.98
Smart Scan Analysis for NB
Based on our trend formula, NB is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|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|