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Index Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
NASDAQ OMX Nordic Materials SEK (NASDAQ:NOMXNMASEK)
Bear Market Rally (-75) - NOMXNMASEK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOMXNMASEK as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NOMXNMASEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNMASEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NOMXNMASEK
The long-term trend has been DOWN since Jul 19th, 2024 at 1200.98
The intermediate-term trend has been DOWN since Dec 18th, 2024 at 1073.89
The short-term trend has been UP since Dec 25th, 2024 at 1053.93
Smart Scan Analysis for NOMXNMASEK
Based on our trend formula, NOMXNMASEK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1052.95 | 1053.20 | 1050.38 | 1051.76 | -2.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1053.76 | 0 | 2024-12-26 07:52:00 |