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Index Trend Analysis Report

Prepared for you on Thursday, May 26, 2022.

NASDAQ OMX Nordic Industrials SEK Net Index (NASDAQ:NOMXNINSEKNI)

Bear Market Rally (-75) - NOMXNINSEKNI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOMXNINSEKNI as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid NOMXNINSEKNI?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNINSEKNI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NOMXNINSEKNI
Open High Low NOMXNINSEKNI Price Change
1803.71 1806.12 1803.61 1804.95 +1.38
Entry Signal

MarketClub’s Trade Triangles for NOMXNINSEKNI

long term down The long-term trend has been DOWN since Feb 4th, 2022 at 2093.41

intermediate term down The intermediate-term trend has been DOWN since Jan 18th, 2022 at 2274.06

short term down The short-term trend has been DOWN since May 19th, 2022 at 1785.30

Smart Scan Analysis for NOMXNINSEKNI

Based on our trend formula, NOMXNINSEKNI is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for NOMXNINSEKNI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1803.71 1806.12 1803.61 1804.95 +1.38
Prev. Close Volume Bid Ask Time
1803.57 0 2022-05-26 11:34:00
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