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Index Trend Analysis Report

Prepared for you on Tuesday, October 22, 2024.

NASDAQ OMX Nordic Energy (NASDAQ:NOMXNEN)

Long-Term Downtrend (-90) - NOMXNEN is in a strong downtrend that is likely to continue. While NOMXNEN is showing intraday strength, it remains in the confines of a bearish trend. 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.

NASDAQ_NOMXNEN
Open High Low NOMXNEN Price Change
947.86 950.42 939.43 943.98 -0.06
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 down The intermediate-term trend has been DOWN since Aug 5th, 2024 at 996.93

short term down The short-term trend has been DOWN since Oct 9th, 2024 at 977.05

Smart Scan Analysis for NOMXNEN

Based on our trend formula, NOMXNEN is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for NOMXNEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
947.86 950.42 939.43 943.98 -0.06
Prev. Close Volume Bid Ask Time
944.04 0 2024-10-22 11:33:00
52wk High1061.152wk High Date2018-10-02
52wk Low764.2552wk Low Date2017-12-06
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