Index Trend Analysis Report
Prepared for you on Monday, April 12, 2021.
NASDAQ OMX Nordic Consumer SEK Net Index (NASDAQ:NOMXNCOSEKNI)
Strong Uptrend (+100) - NOMXNCOSEKNI is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NOMXNCOSEKNI continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid NOMXNCOSEKNI?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNCOSEKNI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOMXNCOSEKNI
The long-term trend has been UP since Jun 2nd, 2020 at 1406.25
The intermediate-term trend has been UP since Dec 29th, 2020 at 1534.03
The short-term trend has been UP since Mar 8th, 2021 at 1625.68
Smart Scan Analysis for NOMXNCOSEKNI
Based on our trend formula, NOMXNCOSEKNI is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).