Index Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
NASDAQ OMX Nordic Bank & Insurance SEK Gross Index (NASDAQ:NOMXNBISEKGI)
Weak Downtrend (-65) - NOMXNBISEKGI is showing signs of a strengthening downtrend. Monitor NOMXNBISEKGI as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NOMXNBISEKGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNBISEKGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOMXNBISEKGI
The long-term trend has been UP since Nov 10th, 2020 at 1262.84
The intermediate-term trend has been DOWN since Sep 8th, 2021 at 1677.78
The short-term trend has been DOWN since Sep 20th, 2021 at 1670.70
Smart Scan Analysis for NOMXNBISEKGI
Based on our trend formula, NOMXNBISEKGI is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).