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Index Trend Analysis Report
Prepared for you on Thursday, January 2, 2025.
PHLX Housing Sector (NASDAQ:HGX)
Long-Term Downtrend (-90) - HGX is in a strong downtrend that is likely to continue. While HGX is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid HGX?
MarketClub looks at technical strength and momentum to determine if the timing is right for HGX.
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 HGX
The long-term trend has been DOWN since Dec 13th, 2024 at 746.18
The intermediate-term trend has been DOWN since Dec 11th, 2024 at 766.54
The short-term trend has been DOWN since Dec 27th, 2024 at 689.37
Smart Scan Analysis for HGX
Based on our trend formula, HGX is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 694.17 | 695.44 | 678.50 | 680.24 | -7.69 |
| Prev. Close | Volume | Bid | Ask | Time |
| 687.93 | 0 | 2025-01-02 17:15:30 |
| 52wk High | 369.15 | 52wk High Date | 2018-01-24 |
| 52wk Low | 240.19 | 52wk Low Date | 2018-10-29 |