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Index Trend Analysis Report
Prepared for you on Wednesday, February 5, 2025.
NASDAQ BIOTECH INDEX (NASDAQ:NBI)
Bull Market Weakness (+75) - NBI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NBI as it may be in the beginning stages 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 UP since Jan 22nd, 2025 at 4437.33
The short-term trend has been UP since Feb 5th, 2025 at 4610.05
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 |
|---|---|---|---|---|
| 4564.52 | 4653.08 | 4564.52 | 4650.80 | +112.76 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4538.04 | 0 | 2025-02-05 13:45:37 |
| 52wk High | 3865.88 | 52wk High Date | 2018-10-01 |
| 52wk Low | 3152.68 | 52wk Low Date | 2018-04-06 |