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Index Trend Analysis Report

Prepared for you on Saturday, May 25, 2019.

NASDAQ BIOTECHNOLOGY TOTAL RETURN INDEX (NASDAQ:XNBI)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

NASDAQ_XNBI
Open High Low XNBI Price Change
3393.38 3421.41 3382.79 3392.27 +16.71
Entry Signal

MarketClub’s Trade Triangles for XNBI

long term down The long term trend has been DOWN since May 13th, 2019 at 3348.03

intermediate term down The intermediate term trend has been DOWN since Apr 17th, 2019 at 3482.94

short term up The short term trend has been UP since May 16th, 2019 at 3368.20

Smart Scan Analysis for XNBI

Based on a pre-defined weighted trend formula for chart analysis, XNBI scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for XNBI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3393.38 3421.41 3382.79 3392.27 +16.71
Prev. Close Volume Bid Ask Time
3641.98 0 2019-05-24 17:15:18
52wk High3991.2452wk High Date2018-10-01
52wk Low3247.0652wk Low Date2018-04-06
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