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Index Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

OMX Copenhagen Retail PI (NASDAQ:CX4040PI)

Long-Term Downtrend (-90) - CX4040PI is in a strong downtrend that is likely to continue. While CX4040PI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid CX4040PI?

MarketClub looks at technical strength and momentum to determine if the timing is right for CX4040PI.

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NASDAQ_CX4040PI
Open High Low CX4040PI Price Change
865.84 874.29 856.64 871.78 +3.43
Entry Signal

MarketClub’s Trade Triangles for CX4040PI

long term down The long-term trend has been DOWN since Apr 19th, 2024 at 856.72

intermediate term down The intermediate-term trend has been DOWN since Apr 5th, 2024 at 905.84

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 882.11

Smart Scan Analysis for CX4040PI

Based on our trend formula, CX4040PI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for CX4040PI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
865.84 874.29 856.64 871.78 +3.43
Prev. Close Volume Bid Ask Time
871.78 0 2024-04-19 11:04:00
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