Stock Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Noranda Income Fund (TSE:NIF.UN)
Bear Market Rally (-75) - NIF.UN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NIF.UN as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NIF.UN?
MarketClub looks at technical strength and momentum to determine if the timing is right for NIF.UN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NIF.UN
The long-term trend has been DOWN since Nov 6th, 2020 at 1.10
The intermediate-term trend has been UP since Feb 24th, 2021 at 1.16
The short-term trend has been DOWN since Feb 24th, 2021 at 1.11
Smart Scan Analysis for NIF.UN
Based on our trend formula, NIF.UN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|Year High||1.5||Year High Date||2018-01-19|
|Year Low||1.07||Year Low Date||2018-09-12|
|52wk High||1.57||52wk High Date||2017-11-30|
|52wk Low||1.07||52wk Low Date||2018-09-12|
|Year End Close||4.74||Average Volume||42,174|