Index Trend Analysis Report
Prepared for you on Wednesday, May 27, 2020.
Dow Jones Norway Index (USD) (INDEX:NODOWD)
Bull Market Weakness (+75) - NODOWD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NODOWD as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NODOWD?
MarketClub looks at technical strength and momentum to determine if the timing is right for NODOWD.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NODOWD
The long-term trend has been DOWN since Feb 24th, 2020 at 315.45
The intermediate-term trend has been UP since Apr 7th, 2020 at 235.65
The short-term trend has been UP since May 26th, 2020 at 256.40
Smart Scan Analysis for NODOWD
Based on our trend formula, NODOWD is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||400.19||52wk High Date||2018-09-25|
|52wk Low||332.59||52wk Low Date||2017-12-11|