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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

Nasdaq Sprott Nickel Miners Total Return Index (NASDAQ:NSNIKLT)

Long-Term Downtrend (-90) - NSNIKLT is in a strong downtrend that is likely to continue. While NSNIKLT 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 NSNIKLT?

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

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

NASDAQ_NSNIKLT
Open High Low NSNIKLT Price Change
531.36 531.49 530.11 530.80 -0.21
Entry Signal

MarketClub’s Trade Triangles for NSNIKLT

long term down The long-term trend has been DOWN since Dec 17th, 2024 at 559.35

intermediate term down The intermediate-term trend has been DOWN since Oct 23rd, 2024 at 635.43

short term down The short-term trend has been DOWN since Dec 26th, 2024 at 530.29

Smart Scan Analysis for NSNIKLT

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

-90
Smart Scan Analysis for NSNIKLT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
531.36 531.49 530.11 530.80 -0.21
Prev. Close Volume Bid Ask Time
531.40 0 2024-12-26 05:37:00
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