Stock Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
Nxgold Ltd (CDNX:NXN)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for NXN
The long term trend has been DOWN since Apr 9th, 2018 at 0.225
The intermediate term trend has been UP since Jan 23rd, 2019 at 0.080
The short term trend has been DOWN since Mar 20th, 2019 at 0.095
Smart Scan Analysis for NXN
Based on a pre-defined weighted trend formula for chart analysis, NXN scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Year High||0.36||Year High Date||2018-01-03|
|Year Low||0.055||Year Low Date||2018-11-22|
|52wk High||0.4||52wk High Date||2017-12-27|
|52wk Low||0.055||52wk Low Date||2018-11-22|