Index Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
OMX Copenhagen Utilities PI (NASDAQ:CX65PI)
Sidelines Mode (-55) - CX65PI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid CX65PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for CX65PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CX65PI
The long-term trend has been DOWN since Oct 1st, 2021 at 1141.97
The intermediate-term trend has been DOWN since Sep 8th, 2021 at 1273.95
The short-term trend has been UP since Oct 13th, 2021 at 1182.37
Smart Scan Analysis for CX65PI
Based on our trend formula, CX65PI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).