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Index Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
OMX Copenhagen Industrials GI (NASDAQ:CX50GI)
Countertrend Up (+85) - CX50GI 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 CX50GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CX50GI.
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 CX50GI
The long-term trend has been UP since May 31st, 2024 at 3600.78
The intermediate-term trend has been UP since Nov 19th, 2024 at 3953.76
The short-term trend has been DOWN since Nov 22nd, 2024 at 3900.53
Smart Scan Analysis for CX50GI
Based on our trend formula, CX50GI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3933.24 | 3945.99 | 3890.46 | 3939.23 | +14.67 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3924.56 | 0 | 2024-11-22 11:00:00 |