Index Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
NASDAQ OMX Nordic Materials Net Index (NASDAQ:NOMXNMANI)
Strong Uptrend (+100) - NOMXNMANI is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NOMXNMANI continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid NOMXNMANI?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNMANI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOMXNMANI
The long-term trend has been UP since Dec 8th, 2023 at 1705.35
The intermediate-term trend has been UP since Nov 14th, 2023 at 1654.42
The short-term trend has been UP since Dec 8th, 2023 at 1680.29
Smart Scan Analysis for NOMXNMANI
Based on our trend formula, NOMXNMANI is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1446.68||52wk High Date||2018-06-07|
|52wk Low||1033.28||52wk Low Date||2018-11-28|