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Stock Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

NGEX MINERALS LTD (TSE:NGEX)

Weak Downtrend (-65) - NGEX is showing signs of a strengthening downtrend. Monitor NGEX as it may be building momentum to the downside.

Is it time to buy, sell, or avoid NGEX?

MarketClub looks at technical strength and momentum to determine if the timing is right for NGEX.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

TSE_NGEX
Open High Low NGEX Price Change
8.90 8.94 8.59 8.79 -0.18
Entry Signal

MarketClub’s Trade Triangles for NGEX

long term up The long-term trend has been UP since Mar 7th, 2024 at 8.39

intermediate term down The intermediate-term trend has been DOWN since May 8th, 2024 at 8.77

short term down The short-term trend has been DOWN since Apr 30th, 2024 at 9.71

Smart Scan Analysis for NGEX

Based on our trend formula, NGEX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NGEX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8.90 8.94 8.59 8.79 -0.18
Prev. Close Volume Bid Ask Time
8.97 31808 2024-05-08 10:23:31
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