Index Trend Analysis Report
Prepared for you on Friday, January 21, 2022.
NASDAQ OMX NORDIC 120 NET INDEX (NASDAQ:NOMXN120NI)
Crossroads (-60) - NOMXN120NI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NOMXN120NI?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXN120NI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOMXN120NI
The long-term trend has been UP since Jun 2nd, 2020 at 1406.85
The intermediate-term trend has been DOWN since Jan 17th, 2022 at 2041.55
The short-term trend has been DOWN since Jan 5th, 2022 at 2158.20
Smart Scan Analysis for NOMXN120NI
Based on our trend formula, NOMXN120NI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1325.91||52wk High Date||2018-09-27|
|52wk Low||1161.81||52wk Low Date||2018-11-20|