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.
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MarketClub’s Trade Triangles for NBI
The long-term trend has been UP since Dec 13th, 2023 at 4174.41
The intermediate-term trend has been DOWN since Mar 14th, 2024 at 4361.22
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).
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 High | 3865.88 | 52wk High Date | 2018-10-01 |
52wk Low | 3152.68 | 52wk Low Date | 2018-04-06 |