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Index Trend Analysis Report
Prepared for you on Friday, May 10, 2024.
Nasdaq Next Generation 100 Notional Net Return (NASDAQ:NGXN)
Long-Term Uptrend (+90) - NGXN is in a strong uptrend that is likely to continue. While NGXN 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 NGXN?
MarketClub looks at technical strength and momentum to determine if the timing is right for NGXN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NGXN
The long-term trend has been UP since Dec 14th, 2023 at 1080.13
The intermediate-term trend has been UP since May 10th, 2024 at 1144.33
The short-term trend has been UP since May 3rd, 2024 at 1129.78
Smart Scan Analysis for NGXN
Based on our trend formula, NGXN is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1145.71 | 1147.37 | 1137.13 | 1137.54 | -3.10 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1140.64 | 0 | 2024-05-10 13:51:40 |