Index Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
NASDAQ OMX Nordic Invest Companies SEK Net Index (NASDAQ:NOMXNICSEKNI)
Long-Term Uptrend (+90) - NOMXNICSEKNI is in a strong uptrend that is likely to continue. While NOMXNICSEKNI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid NOMXNICSEKNI?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNICSEKNI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOMXNICSEKNI
The long-term trend has been UP since Jun 1st, 2020 at 1735.45
The intermediate-term trend has been UP since May 20th, 2021 at 2733.25
The short-term trend has been UP since Jun 18th, 2021 at 2927.29
Smart Scan Analysis for NOMXNICSEKNI
Based on our trend formula, NOMXNICSEKNI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).