Index Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
OMX Copenhagen Technology PI (NASDAQ:CX10PI)
Sidelines Mode (-55) - CX10PI 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 CX10PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CX10PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CX10PI
The long-term trend has been DOWN since Aug 18th, 2023 at 6158.17
The intermediate-term trend has been UP since Nov 16th, 2023 at 5774.60
The short-term trend has been DOWN since Nov 28th, 2023 at 6083.88
Smart Scan Analysis for CX10PI
Based on our trend formula, CX10PI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).