Index Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
NASDAQ OMX Nordic Health Care SEK Gross Index (NASDAQ:NOMXNHCSEKGI)
Bull Market Weakness (+75) - NOMXNHCSEKGI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on NOMXNHCSEKGI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid NOMXNHCSEKGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNHCSEKGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOMXNHCSEKGI
The long-term trend has been UP since Apr 22nd, 2021 at 3821.20
The intermediate-term trend has been DOWN since Aug 30th, 2021 at 4557.27
The short-term trend has been UP since Oct 13th, 2021 at 4361.69
Smart Scan Analysis for NOMXNHCSEKGI
Based on our trend formula, NOMXNHCSEKGI is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).