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Index Trend Analysis Report
Prepared for you on Tuesday, October 22, 2024.
NASDAQ BIOTECHNOLOGY TOTAL RETURN INDEX (NASDAQ:XNBI)
Crossroads (+60) - XNBI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Jun 5th, 2024 at 4865.67
The intermediate-term trend has been DOWN since Oct 3rd, 2024 at 5055.43
The short-term trend has been DOWN since Oct 21st, 2024 at 5175.40
Smart Scan Analysis for XNBI
Based on our trend formula, XNBI is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 5098.67 | 5142.42 | 5096.81 | 5136.54 | +7.77 |
| Prev. Close | Volume | Bid | Ask | Time |
| 5128.77 | 0 | 2024-10-22 17:15:25 |
| 52wk High | 3991.24 | 52wk High Date | 2018-10-01 |
| 52wk Low | 3247.06 | 52wk Low Date | 2018-04-06 |