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Index Trend Analysis Report

Prepared for you on Tuesday, June 22, 2021.

NASDAQ OMX Nordic Energy SEK Net Index (NASDAQ:NOMXNENSEKNI)

Sidelines Mode (+55) - NOMXNENSEKNI 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 NOMXNENSEKNI?

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

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

NASDAQ_NOMXNENSEKNI
Open High Low NOMXNENSEKNI Price Change
1970.77 1978.11 1970.70 1974.81 +12.75
Entry Signal

MarketClub’s Trade Triangles for NOMXNENSEKNI

long term down The long-term trend has been DOWN since Mar 4th, 2021 at 1852.25

intermediate term up The intermediate-term trend has been UP since Jun 1st, 2021 at 2000.27

short term down The short-term trend has been DOWN since Jun 18th, 2021 at 1964.18

Smart Scan Analysis for NOMXNENSEKNI

Based on our trend formula, NOMXNENSEKNI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for NOMXNENSEKNI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1970.77 1978.11 1970.70 1974.81 +12.75
Prev. Close Volume Bid Ask Time
1962.06 0 2021-06-22 03:03:00
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