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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

NASDAQ OMX Nordic Materials Gross Index (NASDAQ:NOMXNMAGI)

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

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

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

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

NASDAQ_NOMXNMAGI
Open High Low NOMXNMAGI Price Change
1590.55 1592.35 1589.41 1592.25 +2.37
Entry Signal

MarketClub’s Trade Triangles for NOMXNMAGI

long term down The long-term trend has been DOWN since Jul 19th, 2024 at 1791.30

intermediate term down The intermediate-term trend has been DOWN since Dec 18th, 2024 at 1622.38

short term up The short-term trend has been UP since Dec 25th, 2024 at 1595.23

Smart Scan Analysis for NOMXNMAGI

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

-75
Smart Scan Analysis for NOMXNMAGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1590.55 1592.35 1589.41 1592.25 +2.37
Prev. Close Volume Bid Ask Time
1589.88 0 2024-12-26 06:53:00
52wk High1511.8452wk High Date2018-06-07
52wk Low1079.8352wk Low Date2018-11-28
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