Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
Nasdaq Next Generation 100 Index (NASDAQ:NGX)
Weak Downtrend (-65) - NGX is showing signs of a strengthening downtrend. Monitor NGX as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for NGX.
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 NGX
The long-term trend has been UP since Dec 14th, 2023 at 1065.42
The intermediate-term trend has been DOWN since Apr 12th, 2024 at 1127.30
The short-term trend has been DOWN since Apr 2nd, 2024 at 1155.21
Smart Scan Analysis for NGX
Based on our trend formula, NGX is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
-70
Strong Downtrend
Sideways
Strong Uptrend
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1093.20 | 1099.51 | 1085.58 | 1086.36 | -5.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1091.36 | 0 | 2024-04-18 17:15:16 |
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