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Index Trend Analysis Report
Prepared for you on Friday, November 22, 2024.
OMX Copenhagen Industrials PI (NASDAQ:CX50PI)
Countertrend Up (+85) - CX50PI 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 CX50PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CX50PI.
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 CX50PI
The long-term trend has been UP since Jun 3rd, 2024 at 2270.04
The intermediate-term trend has been UP since Nov 19th, 2024 at 2488.85
The short-term trend has been DOWN since Nov 22nd, 2024 at 2455.34
Smart Scan Analysis for CX50PI
Based on our trend formula, CX50PI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2475.10 | 2483.12 | 2448.17 | 2478.87 | +9.24 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2469.63 | 0 | 2024-11-22 11:00:00 |