Index Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
NASDAQ OMX Nordic Industrials SEK (NASDAQ:NOMXNINSEK)
Weak Downtrend (-65) - NOMXNINSEK is showing signs of a strengthening downtrend. Monitor NOMXNINSEK as it may be building momentum to the downside.
Is it time to buy, sell, or avoid NOMXNINSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNINSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOMXNINSEK
The long-term trend has been DOWN since Sep 20th, 2021 at 1620.6
The intermediate-term trend has been UP since Oct 19th, 2021 at 1636.7
The short-term trend has been DOWN since Nov 23rd, 2021 at 1732.5
Smart Scan Analysis for NOMXNINSEK
Based on our trend formula, NOMXNINSEK is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).