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Index Trend Analysis Report
Prepared for you on Sunday, May 19, 2024.
Dow Jones Sweden Index (INDEX:SEDOW)
Countertrend Up (+85) - SEDOW 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 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.
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MarketClub’s Trade Triangles for SEDOW
The long-term trend has been UP since Nov 22nd, 2023 at 1328.22
The intermediate-term trend has been UP since May 7th, 2024 at 1564.29
The short-term trend has been DOWN since May 17th, 2024 at 1584.91
Smart Scan Analysis for SEDOW
Based on our trend formula, SEDOW is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1591.34 | 1592.29 | 1579.89 | 1588.26 | -3.04 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1588.20 | 0 | 2024-05-17 16:19:31 |
| 52wk High | 1004.41 | 52wk High Date | 2018-10-03 |
| 52wk Low | 856.01 | 52wk Low Date | 2018-11-20 |