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Index Trend Analysis Report

Prepared for you on Saturday, October 19, 2019.

NASDAQ BIOTECHNOLOGY TOTAL RETURN INDEX (NASDAQ:XNBI)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
3360.32 3372.07 3314.43 3337.02 -25.68
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 Sep 26th, 2019 at 3270.73

short term up The short term trend has been UP since Oct 7th, 2019 at 3254.31

Smart Scan Analysis for XNBI

Based on a pre-defined weighted trend formula for chart analysis, XNBI scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for XNBI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3360.32 3372.07 3314.43 3337.02 -25.68
Prev. Close Volume Bid Ask Time
3223.89 0 2019-10-18 17:15:41
52wk High3991.2400000052wk High Date2018-10-01
52wk Low3247.0600000052wk Low Date2018-04-06
Want to analyze NASDAQ BIOTECHNOLOGY TOTAL RETURN INDEX XNBI or another symbol? Try our Free Index Trend Analysis Report.