Stock Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
Noranda Income Fund (TSE:NIF.UN)
Bull Market Weakness (+75) - NIF.UN is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NIF.UN as it may be in the beginning stages 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 UP since Oct 13th, 2021 at 1.15
The intermediate-term trend has been UP since Sep 27th, 2021 at 0.95
The short-term trend has been UP since Nov 25th, 2021 at 1.20
Smart Scan Analysis for NIF.UN
Based on our trend formula, NIF.UN is rated as a +70 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|