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Index Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

NASDAQ BIOTECH INDEX (NASDAQ:NBI)

Weak Downtrend (-65) - NBI is showing signs of a strengthening downtrend. Monitor NBI as it may be building momentum to the downside.

Is it time to buy, sell, or avoid NBI?

MarketClub looks at technical strength and momentum to determine if the timing is right for NBI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NBI
Open High Low NBI Price Change
4371.00 4376.86 4335.84 4337.34 -28.35
Entry Signal

MarketClub’s Trade Triangles for NBI

long term up The long-term trend has been UP since Dec 13th, 2023 at 4174.41

intermediate term down The intermediate-term trend has been DOWN since Mar 14th, 2024 at 4361.22

short term down The short-term trend has been DOWN since Mar 12th, 2024 at 4431.88

Smart Scan Analysis for NBI

Based on our trend formula, NBI is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for NBI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4371.00 4376.86 4335.84 4337.34 -28.35
Prev. Close Volume Bid Ask Time
4337.34 0 2024-03-18 17:15:33
52wk High3865.8852wk High Date2018-10-01
52wk Low3152.6852wk Low Date2018-04-06
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