Index Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
NASDAQ OMX Nordic Consumer (NASDAQ:NOMXNCO)
Sidelines Mode (-55) - NOMXNCO 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 NOMXNCO?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNCO.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOMXNCO
The long-term trend has been DOWN since Nov 26th, 2021 at 1347.16
The intermediate-term trend has been DOWN since May 2nd, 2022 at 1132.31
The short-term trend has been UP since May 27th, 2022 at 1148.58
Smart Scan Analysis for NOMXNCO
Based on our trend formula, NOMXNCO is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1042.81||52wk High Date||2017-12-14|
|52wk Low||937.21||52wk Low Date||2018-02-06|