Index Trend Analysis Report
Prepared for you on Wednesday, October 5, 2022.
S&P Nordic LargeCap Index NTR EUR (2004) (CME:SBPRNLEN)
Countertrend Down (-85) - SBPRNLEN is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SBPRNLEN?
MarketClub looks at technical strength and momentum to determine if the timing is right for SBPRNLEN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SBPRNLEN
The long-term trend has been DOWN since Sep 22nd, 2022 at 367.13
The intermediate-term trend has been DOWN since Aug 22nd, 2022 at 403.61
The short-term trend has been UP since Oct 3rd, 2022 at 362.88
Smart Scan Analysis for SBPRNLEN
Based on our trend formula, SBPRNLEN is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||283.91||52wk High Date||2018-09-28|
|52wk Low||246.94||52wk Low Date||2018-11-20|