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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
NASDAQ BIOTECHNOLOGY TOTAL RETURN INDEX (NASDAQ:XNBI)
Bear Market Rally (-75) - XNBI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on XNBI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid XNBI?
MarketClub looks at technical strength and momentum to determine if the timing is right for XNBI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for XNBI
The long-term trend has been DOWN since Nov 15th, 2024 at 4861.19
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 4777.96
The short-term trend has been UP since Dec 24th, 2024 at 4716.28
Smart Scan Analysis for XNBI
Based on our trend formula, XNBI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4690.82 | 4749.61 | 4688.04 | 4742.53 | +21.66 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4720.87 | 0 | 2024-12-26 13:40:09 |
| 52wk High | 3991.24 | 52wk High Date | 2018-10-01 |
| 52wk Low | 3247.06 | 52wk Low Date | 2018-04-06 |