Index Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
OMX Copenhagen Industrial Goods and Services GI (NASDAQ:CX5020GI)
Crossroads (+60) - CX5020GI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CX5020GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CX5020GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CX5020GI
The long-term trend has been DOWN since Sep 5th, 2023 at 3729.56
The intermediate-term trend has been UP since Oct 2nd, 2023 at 3824.98
The short-term trend has been UP since Sep 29th, 2023 at 3780.95
Smart Scan Analysis for CX5020GI
Based on our trend formula, CX5020GI is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).