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Index Trend Analysis Report
Prepared for you on Tuesday, April 30, 2024.
OMX Copenhagen Industrials GI (NASDAQ:CX50GI)
Countertrend Down (-85) - CX50GI is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Mar 5th, 2024 at 3059.90
The intermediate-term trend has been DOWN since Apr 19th, 2024 at 3149.49
The short-term trend has been UP since Apr 26th, 2024 at 3240.56
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 |
|---|---|---|---|---|
| 3244.17 | 3252.96 | 3222.23 | 3227.05 | -16.87 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3243.92 | 0 | 2024-04-30 11:04:00 |