Index Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
Dow Jones Sweden Index (INDEX:SEDOW)
Sidelines Mode (-55) - SEDOW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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 DOWN since Sep 30th, 2021 at 1432.81
The intermediate-term trend has been DOWN since Sep 14th, 2021 at 1516.86
The short-term trend has been UP since Oct 13th, 2021 at 1446.87
Smart Scan Analysis for SEDOW
Based on our trend formula, SEDOW is rated as a -55 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|