Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
Dow Jones Sweden Index (INDEX:SEDOW)
Long-Term Uptrend (+90) - SEDOW is in a strong uptrend that is likely to continue. While SEDOW is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution 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.
MarketClub’s Trade Triangles for SEDOW
The long-term trend has been UP since Jun 3rd, 2020 at 1075.99
The intermediate-term trend has been UP since Dec 29th, 2020 at 1257.94
The short-term trend has been UP since Mar 26th, 2021 at 1406.34
Smart Scan Analysis for SEDOW
Based on our trend formula, SEDOW is rated as a +90 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|