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Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

NASDAQ OMX NORDIC ENERGY NET INDEX (NASDAQ:NOMXNENNI)

Bear Market Rally (-75) - NOMXNENNI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOMXNENNI as it may be in the beginning of a reversal.

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

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

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

NASDAQ_NOMXNENNI
Open High Low NOMXNENNI Price Change
1639.95 1641.47 1626.16 1628.98 -15.23
Entry Signal

MarketClub’s Trade Triangles for NOMXNENNI

long term down The long-term trend has been DOWN since Feb 8th, 2024 at 1615.15

intermediate term up The intermediate-term trend has been UP since Mar 21st, 2024 at 1607.23

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 1668.91

Smart Scan Analysis for NOMXNENNI

Based on our trend formula, NOMXNENNI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NOMXNENNI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1639.95 1641.47 1626.16 1628.98 -15.23
Prev. Close Volume Bid Ask Time
1644.21 0 2024-04-18 06:28:00
52wk High1405.0252wk High Date2018-10-02
52wk Low989.2552wk Low Date2017-12-06
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