Index Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
NASDAQ OMX Nordic Const & Real Est SEK (NASDAQ:NOMXNCRSEK)
Sidelines Mode (+55) - NOMXNCRSEK 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 NOMXNCRSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNCRSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOMXNCRSEK
The long-term trend has been UP since Nov 9th, 2020 at 1631.92
The intermediate-term trend has been UP since Mar 10th, 2021 at 1688.63
The short-term trend has been DOWN since Jun 17th, 2021 at 1991.21
Smart Scan Analysis for NOMXNCRSEK
Based on our trend formula, NOMXNCRSEK is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).