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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

OMX Stockholm Benchmark_PI (NASDAQ:OMXSBPI)

Crossroads (-60) - OMXSBPI 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 OMXSBPI?

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

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

NASDAQ_OMXSBPI
Open High Low OMXSBPI Price Change
789.40 793.25 786.85 792.63 -5.78
Entry Signal

MarketClub’s Trade Triangles for OMXSBPI

long term up The long-term trend has been UP since Dec 1st, 2023 at 713.28

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 797.00

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 799.23

Smart Scan Analysis for OMXSBPI

Based on our trend formula, OMXSBPI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for OMXSBPI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
789.40 793.25 786.85 792.63 -5.78
Prev. Close Volume Bid Ask Time
798.41 0 2024-04-19 09:51:00
52wk High552.7452wk High Date2018-08-29
52wk Low474.5852wk Low Date2018-11-20
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