Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
Nasdaq Next Generation 100 Currency Hedged CAD Index (NASDAQ:NGXCADMH)
Long-Term Uptrend (+90) - NGXCADMH is in a strong uptrend that is likely to continue. While NGXCADMH 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 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 May 10th, 2024 at 821.60
The short-term trend has been UP since May 3rd, 2024 at 810.54
Smart Scan Analysis for NGXCADMH
Based on our trend formula, NGXCADMH is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 820.91 | 822.07 | 816.83 | 816.95 | -0.79 |
| Prev. Close | Volume | Bid | Ask | Time |
| 817.74 | 0 | 2024-05-10 12:11:00 |