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Index Trend Analysis Report

Prepared for you on Thursday, July 25, 2024.

NASDAQ BIOTECHNOLOGY TOTAL RETURN INDEX (NASDAQ:XNBI)

Long-Term Uptrend (+90) - XNBI is in a strong uptrend that is likely to continue. While XNBI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

NASDAQ_XNBI
Open High Low XNBI Price Change
5198.97 5312.96 5195.30 5261.74 +82.16
Entry Signal

MarketClub’s Trade Triangles for XNBI

long term up The long-term trend has been UP since Jun 5th, 2024 at 4865.67

intermediate term up The intermediate-term trend has been UP since Jun 5th, 2024 at 4858.45

short term up The short-term trend has been UP since Jul 24th, 2024 at 5203.45

Smart Scan Analysis for XNBI

Based on our trend formula, XNBI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for XNBI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5198.97 5312.96 5195.30 5261.74 +82.16
Prev. Close Volume Bid Ask Time
5179.58 0 2024-07-25 14:07:11
52wk High3991.2452wk High Date2018-10-01
52wk Low3247.0652wk Low Date2018-04-06
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