Index Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
OMX Copenhagen General Industrials PI (NASDAQ:CX502030PI)
Bear Market Rally (-75) - CX502030PI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CX502030PI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CX502030PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CX502030PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CX502030PI
The long-term trend has been DOWN since Sep 8th, 2021 at 5455.93
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 4167.50
The short-term trend has been UP since Jun 28th, 2022 at 4007.70
Smart Scan Analysis for CX502030PI
Based on our trend formula, CX502030PI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).