Index Trend Analysis Report
Prepared for you on Saturday, January 16, 2021.
Dow Jones Sweden Index (INDEX:SEDOW)
Bull Market Weakness (+75) - SEDOW is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SEDOW as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SEDOW?
MarketClub looks at technical strength and momentum to determine if the timing is right for SEDOW.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SEDOW
The long-term trend has been UP since Jun 3rd, 2020 at 1075.99
The intermediate-term trend has been UP since Dec 29th, 2020 at 1257.94
The short-term trend has been DOWN since Jan 15th, 2021 at 1287.42
Smart Scan Analysis for SEDOW
Based on our trend formula, SEDOW is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1004.41||52wk High Date||2018-10-03|
|52wk Low||856.01||52wk Low Date||2018-11-20|