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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

NASDAQ OMX Nordic Materials SEK (NASDAQ:NOMXNMASEK)

Long-Term Uptrend (+90) - NOMXNMASEK is in a strong uptrend that is likely to continue. While NOMXNMASEK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

NASDAQ_NOMXNMASEK
Open High Low NOMXNMASEK Price Change
1262.98 1286.04 1257.08 1271.04 +6.84
Entry Signal

MarketClub’s Trade Triangles for NOMXNMASEK

long term up The long-term trend has been UP since Apr 4th, 2024 at 1272.22

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 1153.44

short term up The short-term trend has been UP since Apr 19th, 2024 at 1261.01

Smart Scan Analysis for NOMXNMASEK

Based on our trend formula, NOMXNMASEK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for NOMXNMASEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1262.98 1286.04 1257.08 1271.04 +6.84
Prev. Close Volume Bid Ask Time
1264.20 0 2024-04-26 11:33:00
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