Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Monday, May 20, 2024.
Nasdaq Next Generation 100 ESG Notional Net Total Return Index (NASDAQ:NGXESGN)
Long-Term Uptrend (+90) - NGXESGN is in a strong uptrend that is likely to continue. While NGXESGN 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 NGXESGN?
MarketClub looks at technical strength and momentum to determine if the timing is right for NGXESGN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for NGXESGN
The long-term trend has been UP since Dec 13th, 2023 at 848.25
The intermediate-term trend has been UP since May 10th, 2024 at 920.53
The short-term trend has been UP since May 3rd, 2024 at 905.68
Smart Scan Analysis for NGXESGN
Based on our trend formula, NGXESGN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 932.26 | 936.53 | 931.94 | 934.93 | +2.94 |
| Prev. Close | Volume | Bid | Ask | Time |
| 931.99 | 0 | 2024-05-20 15:49:00 |