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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

NASDAQ OMX NORDIC ENERGY NET INDEX (NASDAQ:NOMXNENNI)

Countertrend Down (-85) - NOMXNENNI is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid NOMXNENNI?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNENNI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NOMXNENNI
Open High Low NOMXNENNI Price Change
1232.08 1232.73 1229.77 1231.57 -0.64
Entry Signal

MarketClub’s Trade Triangles for NOMXNENNI

long term down The long-term trend has been DOWN since Feb 8th, 2024 at 1615.15

intermediate term down The intermediate-term trend has been DOWN since Dec 11th, 2024 at 1287.00

short term up The short-term trend has been UP since Dec 25th, 2024 at 1236.90

Smart Scan Analysis for NOMXNENNI

Based on our trend formula, NOMXNENNI is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for NOMXNENNI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1232.08 1232.73 1229.77 1231.57 -0.64
Prev. Close Volume Bid Ask Time
1232.21 0 2024-12-26 05:34:00
52wk High1405.0252wk High Date2018-10-02
52wk Low989.2552wk Low Date2017-12-06
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