Index Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
NASDAQ OMX Nordic Industrials SEK Gross Index (NASDAQ:NOMXNINSEKGI)
Sidelines Mode (+55) - NOMXNINSEKGI 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 NOMXNINSEKGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNINSEKGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOMXNINSEKGI
The long-term trend has been UP since Nov 22nd, 2021 at 2406.50
The intermediate-term trend has been UP since Oct 19th, 2021 at 2223.66
The short-term trend has been DOWN since Nov 23rd, 2021 at 2360.50
Smart Scan Analysis for NOMXNINSEKGI
Based on our trend formula, NOMXNINSEKGI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).