Index Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
OMX Copenhagen Energy GI (NASDAQ:CX60GI)
Long-Term Uptrend (+90) - CX60GI is in a strong uptrend that is likely to continue. While CX60GI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid CX60GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CX60GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CX60GI
The long-term trend has been UP since Nov 30th, 2023 at 7635.63
The intermediate-term trend has been UP since Oct 26th, 2023 at 6423.26
The short-term trend has been UP since Nov 29th, 2023 at 7261.11
Smart Scan Analysis for CX60GI
Based on our trend formula, CX60GI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).