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Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

NASDAQ OMX Nordic Materials (NASDAQ:NOMXNMA)

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

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

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

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

NASDAQ_NOMXNMA
Open High Low NOMXNMA Price Change
1119.19 1120.40 1111.34 1115.92 +2.44
Entry Signal

MarketClub’s Trade Triangles for NOMXNMA

long term down The long-term trend has been DOWN since Feb 1st, 2024 at 1064.93

intermediate term up The intermediate-term trend has been UP since Mar 1st, 2024 at 1070.64

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 1134.41

Smart Scan Analysis for NOMXNMA

Based on our trend formula, NOMXNMA is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NOMXNMA
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1119.19 1120.40 1111.34 1115.92 +2.44
Prev. Close Volume Bid Ask Time
1113.48 0 2024-04-18 09:43:00
52wk High1131.552wk High Date2018-06-07
52wk Low808.1752wk Low Date2018-11-28
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