Index Trend Analysis Report
Prepared for you on Monday, May 23, 2022.
OMX Copenhagen Industrial Engineering GI (NASDAQ:CX502040GI)
Countertrend Up (+85) - CX502040GI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid CX502040GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CX502040GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CX502040GI
The long-term trend has been UP since Mar 21st, 2022 at 928.52
The intermediate-term trend has been UP since Mar 18th, 2022 at 892.62
The short-term trend has been UP since May 17th, 2022 at 948.92
Smart Scan Analysis for CX502040GI
Based on our trend formula, CX502040GI is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).