Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

Nasdaq Next Generation 100 Index (NASDAQ:NGX)

Sidelines Mode (+55) - NGX is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

Open	High	Low	NGX Price	Change
1099.33	1109.73	1098.37	1108.86	+10.56
Entry Signal

MarketClub’s Trade Triangles for NGX

The long-term trend has been UP since Dec 14th, 2023 at 1065.42

The intermediate-term trend has been DOWN since Apr 12th, 2024 at 1127.30

The short-term trend has been UP since Apr 23rd, 2024 at 1099.51

Smart Scan Analysis for NGX

Based on our trend formula, NGX is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
1099.33	1109.73	1098.37	1108.86	+10.56
Prev. Close	Volume	Bid	Ask	Time
1098.30	0			2024-04-26 13:50:35

Get a free daily analysis and signals for Nasdaq Next Generation 100 Index (NGX) - Request Your Free Report.