Index Trend Analysis Report
Prepared for you on Thursday, April 15, 2021.
NASDAQ BIOTECHNOLOGY TOTAL RETURN INDEX (NASDAQ:XNBI)
Weak Downtrend (-65) - XNBI is showing signs of a strengthening downtrend. Monitor XNBI as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for XNBI
The long-term trend has been DOWN since Mar 5th, 2021 at 4716.93
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 5293.37
The short-term trend has been UP since Apr 14th, 2021 at 4912.27
Smart Scan Analysis for XNBI
Based on our trend formula, XNBI is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3991.24||52wk High Date||2018-10-01|
|52wk Low||3247.06||52wk Low Date||2018-04-06|