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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

NASDAQ OMX Nordic Energy (NASDAQ:NOMXNEN)

Bear Market Rally (-75) - NOMXNEN is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOMXNEN as it may be in the beginning of a reversal.

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.

NASDAQ_NOMXNEN
Open High Low NOMXNEN Price Change
1075.48 1091.19 1073.53 1079.13 +7.91
Entry Signal

MarketClub’s Trade Triangles for NOMXNEN

long term down The long-term trend has been DOWN since Feb 8th, 2024 at 1081.55

intermediate term up The intermediate-term trend has been UP since Mar 21st, 2024 at 1069.39

short term down The short-term trend has been DOWN since Apr 25th, 2024 at 1077.93

Smart Scan Analysis for NOMXNEN

Based on our trend formula, NOMXNEN is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NOMXNEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1075.48 1091.19 1073.53 1079.13 +7.91
Prev. Close Volume Bid Ask Time
1071.22 0 2024-04-26 11:33:00
52wk High1061.152wk High Date2018-10-02
52wk Low764.2552wk Low Date2017-12-06
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