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Index Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

Dow Jones Norway Index (INDEX:NODOW)

Sidelines Mode (+55) - NODOW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid NODOW?

MarketClub looks at technical strength and momentum to determine if the timing is right for NODOW.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

INDEX_NODOW
Open High Low NODOW Price Change
625.77 633.81 625.43 629.94 +4.16
Entry Signal

MarketClub’s Trade Triangles for NODOW

long term up The long-term trend has been UP since Mar 29th, 2024 at 624.26

intermediate term up The intermediate-term trend has been UP since Mar 5th, 2024 at 595.75

short term down The short-term trend has been DOWN since Apr 30th, 2024 at 630.40

Smart Scan Analysis for NODOW

Based on our trend formula, NODOW is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NODOW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
625.77 633.81 625.43 629.94 +4.16
Prev. Close Volume Bid Ask Time
629.98 0 2024-05-03 16:19:30
52wk High543.652wk High Date2018-09-25
52wk Low458.2252wk Low Date2018-02-06
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