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Index Trend Analysis Report

Prepared for you on Thursday, April 25, 2024.

Nasdaq Sprott Nickel Miners Index (NASDAQ:NSNIKL)

Sidelines Mode (-55) - NSNIKL 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 NSNIKL?

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

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

NASDAQ_NSNIKL
Open High Low NSNIKL Price Change
634.32 643.44 630.67 641.74 +1.18
Entry Signal

MarketClub’s Trade Triangles for NSNIKL

long term down The long-term trend has been DOWN since Aug 17th, 2023 at 781.09

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2024 at 597.29

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 634.36

Smart Scan Analysis for NSNIKL

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

-55
Smart Scan Analysis for NSNIKL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
634.32 643.44 630.67 641.74 +1.18
Prev. Close Volume Bid Ask Time
640.56 0 2024-04-25 17:15:00
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