Index Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
NASDAQ OMX Nordic Energy (NASDAQ:NOMXNEN)
Strong Downtrend (-100) - NOMXNEN is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOMXNEN continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NOMXNEN?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNEN.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOMXNEN
The long-term trend has been DOWN since Nov 30th, 2021 at 1392.10
The intermediate-term trend has been DOWN since Nov 19th, 2021 at 1455.74
The short-term trend has been DOWN since Jan 21st, 2022 at 1343.91
Smart Scan Analysis for NOMXNEN
Based on our trend formula, NOMXNEN is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1061.1||52wk High Date||2018-10-02|
|52wk Low||764.25||52wk Low Date||2017-12-06|