Index Trend Analysis Report
Prepared for you on Friday, March 29, 2024.
Nasdaq Next Generation 100 Index CAD (NASDAQ:NGXCAD)
Long-Term Uptrend (+90) - NGXCAD is in a strong uptrend that is likely to continue. While NGXCAD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NGXCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NGXCAD.
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 NGXCAD
The long-term trend has been UP since Dec 14th, 2023 at 1096.35
The intermediate-term trend has been UP since Jan 22nd, 2024 at 1091.44
The short-term trend has been UP since Mar 20th, 2024 at 1175.88
Smart Scan Analysis for NGXCAD
Based on our trend formula, NGXCAD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
1201.43 | 1203.79 | 1196.54 | 1196.68 | -4.54 |
Prev. Close | Volume | Bid | Ask | Time |
1196.68 | 0 | 2024-03-28 17:14:00 |