Stock Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
First Trust Indxx NextG ETF (NASDAQ:NXTG)
Long-Term Uptrend (+90) - NXTG is in a strong uptrend that is likely to continue. While NXTG is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NXTG?
MarketClub looks at technical strength and momentum to determine if the timing is right for NXTG.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NXTG
The long-term trend has been UP since Jun 2nd, 2020 at 53.900
The intermediate-term trend has been UP since Nov 6th, 2020 at 62.599
The short-term trend has been UP since Nov 20th, 2020 at 64.210
Smart Scan Analysis for NXTG
Based on our trend formula, NXTG is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||62.773||52wk High Date||2020-10-12|
|52wk Low||40||52wk Low Date||2020-03-23|
|Average Volume||61,344||Shares Outstanding||100|