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Index Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
NASDAQ OMX Nordic Energy SEK (NASDAQ:NOMXNENSEK)
Sidelines Mode (-55) - NOMXNENSEK 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 NOMXNENSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNENSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NOMXNENSEK
The long-term trend has been DOWN since Feb 22nd, 2023 at 1359.53
The intermediate-term trend has been UP since Mar 19th, 2024 at 1153.50
The short-term trend has been DOWN since Apr 17th, 2024 at 1221.86
Smart Scan Analysis for NOMXNENSEK
Based on our trend formula, NOMXNENSEK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1212.37 | 1217.07 | 1207.47 | 1212.97 | +2.01 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1210.96 | 0 | 2024-04-23 07:34:00 |