Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

Nasdaq Next Generation 100 ESG Total Return Currency Hedged CAD Index (NASDAQ:NGXG12MH)

Weak Downtrend (-65) - NGXG12MH is showing signs of a strengthening downtrend. Monitor NGXG12MH as it may be building momentum to the downside.

Is it time to buy, sell, or avoid NGXG12MH?

MarketClub looks at technical strength and momentum to determine if the timing is right for NGXG12MH.

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

Open	High	Low	NGXG12MH Price	Change
859.47	864.38	852.77	853.31	-4.54
Entry Signal

MarketClub’s Trade Triangles for NGXG12MH

The long-term trend has been UP since Dec 13th, 2023 at 823.55

The intermediate-term trend has been DOWN since Apr 12th, 2024 at 889.66

The short-term trend has been DOWN since Apr 2nd, 2024 at 911.88

Smart Scan Analysis for NGXG12MH

Based on our trend formula, NGXG12MH is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
859.47	864.38	852.77	853.31	-4.54
Prev. Close	Volume	Bid	Ask	Time
857.85	0			2024-04-18 17:10:00

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