Index Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
NASDAQ OMX Nordic Bank & Insurance Gross Index (NASDAQ:NOMXNBIGI)
Sidelines Mode (-55) - NOMXNBIGI 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 NOMXNBIGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNBIGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOMXNBIGI
The long-term trend has been DOWN since Feb 14th, 2022 at 1698.89
The intermediate-term trend has been DOWN since Apr 26th, 2022 at 1692.75
The short-term trend has been UP since May 13th, 2022 at 1593.97
Smart Scan Analysis for NOMXNBIGI
Based on our trend formula, NOMXNBIGI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1514.61||52wk High Date||2018-01-12|
|52wk Low||1246.33||52wk Low Date||2018-11-20|