Index Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
OMX Copenhagen Consumer Discretionary PI (NASDAQ:CX40PI)
Weak Downtrend (-65) - CX40PI is showing signs of a strengthening downtrend. Monitor CX40PI as it may be building momentum to the downside.
Is it time to buy, sell, or avoid CX40PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CX40PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CX40PI
The long-term trend has been UP since Jul 12th, 2023 at 1395.65
The intermediate-term trend has been DOWN since Sep 22nd, 2023 at 1462.53
The short-term trend has been DOWN since Sep 20th, 2023 at 1504.91
Smart Scan Analysis for CX40PI
Based on our trend formula, CX40PI is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).