Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Nasdaq Next Generation 100 Currency Hedged CAD Index (NASDAQ:NGXCADMH)
Bull Market Weakness (+75) - NGXCADMH is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NGXCADMH as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NGXCADMH?
MarketClub looks at technical strength and momentum to determine if the timing is right for NGXCADMH.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NGXCADMH
The long-term trend has been UP since Dec 14th, 2023 at 785.95
The intermediate-term trend has been UP since Jun 12th, 2024 at 833.37
The short-term trend has been DOWN since Jul 18th, 2024 at 844.90
Smart Scan Analysis for NGXCADMH
Based on our trend formula, NGXCADMH is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 830.06 | 838.17 | 829.46 | 835.10 | +11.51 |
| Prev. Close | Volume | Bid | Ask | Time |
| 823.59 | 0 | 2024-07-26 17:13:00 |