Index Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
Dow Jones Norway Index (USD) (INDEX:NODOWD)
Countertrend Up (+85) - NODOWD is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Jul 21st, 2020 at 297.05
The intermediate-term trend has been UP since Feb 16th, 2021 at 362.25
The short-term trend has been DOWN since Feb 26th, 2021 at 361.72
Smart Scan Analysis for NODOWD
Based on our trend formula, NODOWD is rated as a +85 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|