Index Trend Analysis Report

Prepared for you on Tuesday, April 16, 2024.

Nasdaq Next Generation 100 ESG EUR Index (NASDAQ:NGXESG04)

Crossroads (-60) - NGXESG04 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NGXESG04?

MarketClub looks at technical strength and momentum to determine if the timing is right for NGXESG04.

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

Open	High	Low	NGXESG04 Price	Change
980.42	984.92	976.44	984.70	+1.61
Entry Signal

MarketClub’s Trade Triangles for NGXESG04

The long-term trend has been UP since Dec 13th, 2023 at 915.21

The intermediate-term trend has been DOWN since Apr 15th, 2024 at 992.95

The short-term trend has been DOWN since Apr 12th, 2024 at 1002.25

Smart Scan Analysis for NGXESG04

Based on our trend formula, NGXESG04 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
980.42	984.92	976.44	984.70	+1.61
Prev. Close	Volume	Bid	Ask	Time
983.09	0			2024-04-16 13:22:00

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