Index Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
Nasdaq Next Generation 100 Notional Net Return (NASDAQ:NGXN)
Weak Downtrend (-65) - NGXN is showing signs of a strengthening downtrend. Monitor NGXN as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for NGXN
The long-term trend has been UP since Oct 8th, 2020 at 1051.30
The intermediate-term trend has been DOWN since May 4th, 2021 at 1285.72
The short-term trend has been DOWN since Apr 29th, 2021 at 1341.97
Smart Scan Analysis for NGXN
Based on our trend formula, NGXN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).