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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

Nasdaq Next Generation 100 Notional Net Return GBP (NASDAQ:NGXNGBP)

Sidelines Mode (-55) - NGXNGBP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_NGXNGBP
Open High Low NGXNGBP Price Change
1165.39 1177.77 1165.19 1175.59 +9.18
Entry Signal

MarketClub’s Trade Triangles for NGXNGBP

long term up The long-term trend has been UP since Dec 13th, 2023 at 1118.47

intermediate term down The intermediate-term trend has been DOWN since Apr 15th, 2024 at 1189.58

short term up The short-term trend has been UP since Apr 23rd, 2024 at 1173.24

Smart Scan Analysis for NGXNGBP

Based on our trend formula, NGXNGBP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NGXNGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1165.39 1177.77 1165.19 1175.59 +9.18
Prev. Close Volume Bid Ask Time
1166.41 0 2024-04-23 17:15:00
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