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Index Trend Analysis Report

Prepared for you on Wednesday, April 24, 2024.

NASDAQ OMX Nordic 120 SEK Net Index (NASDAQ:NOMXN120SEKNI)

Bull Market Weakness (+75) - NOMXN120SEKNI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOMXN120SEKNI as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid NOMXN120SEKNI?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXN120SEKNI.

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NASDAQ_NOMXN120SEKNI
Open High Low NOMXN120SEKNI Price Change
2602.67 2602.78 2586.72 2600.96 +0.44
Entry Signal

MarketClub’s Trade Triangles for NOMXN120SEKNI

long term up The long-term trend has been UP since Dec 27th, 2023 at 2292.81

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 2543.02

short term up The short-term trend has been UP since Apr 23rd, 2024 at 2575.16

Smart Scan Analysis for NOMXN120SEKNI

Based on our trend formula, NOMXN120SEKNI is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for NOMXN120SEKNI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2602.67 2602.78 2586.72 2600.96 +0.44
Prev. Close Volume Bid Ask Time
2600.52 0 2024-04-24 09:38:00
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