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Index Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
OMX Copenhagen Industrial Goods and Services PI (NASDAQ:CX5020PI)
Countertrend Up (+85) - CX5020PI 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 CX5020PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CX5020PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for CX5020PI
The long-term trend has been UP since Jun 3rd, 2024 at 2258.63
The intermediate-term trend has been UP since Nov 1st, 2024 at 2494.03
The short-term trend has been DOWN since Nov 22nd, 2024 at 2465.10
Smart Scan Analysis for CX5020PI
Based on our trend formula, CX5020PI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2484.26 | 2492.93 | 2457.87 | 2487.45 | +6.98 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2480.47 | 0 | 2024-11-22 11:00:00 |