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.
MarketClub’s Trade Triangles for NOMXNENSEKNI
The long-term trend has been DOWN since Mar 4th, 2021 at 1852.25
The intermediate-term trend has been UP since Jun 1st, 2021 at 2000.27
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).