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Index Trend Analysis Report
Prepared for you on Thursday, November 21, 2024.
NASDAQ BIOTECH INDEX (NASDAQ:NBI)
Bear Market Rally (-75) - NBI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NBI as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for NBI
The long-term trend has been DOWN since Nov 15th, 2024 at 4519.48
The intermediate-term trend has been DOWN since Nov 14th, 2024 at 4643.11
The short-term trend has been UP since Nov 21st, 2024 at 4435.61
Smart Scan Analysis for NBI
Based on our trend formula, NBI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4441.24 | 4490.65 | 4397.63 | 4469.54 | +34.71 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4434.83 | 0 | 2024-11-21 15:47:34 |
| 52wk High | 3865.88 | 52wk High Date | 2018-10-01 |
| 52wk Low | 3152.68 | 52wk Low Date | 2018-04-06 |