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Index Trend Analysis Report

Prepared for you on Saturday, September 7, 2024.

Nasdaq Sprott Nickel Miners Index (NASDAQ:NSNIKL)

Long-Term Downtrend (-90) - NSNIKL is in a strong downtrend that is likely to continue. While NSNIKL is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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
550.01 551.20 542.53 546.50 -4.13
Entry Signal

MarketClub’s Trade Triangles for NSNIKL

long term down The long-term trend has been DOWN since Jul 22nd, 2024 at 591.01

intermediate term down The intermediate-term trend has been DOWN since Sep 5th, 2024 at 551.43

short term down The short-term trend has been DOWN since Sep 2nd, 2024 at 574.79

Smart Scan Analysis for NSNIKL

Based on our trend formula, NSNIKL is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NSNIKL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
550.01 551.20 542.53 546.50 -4.13
Prev. Close Volume Bid Ask Time
546.50 0 2024-09-06 17:06:00
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