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Index Trend Analysis Report
Prepared for you on Thursday, September 12, 2024.
NASDAQ OMX Nordic Materials SEK Gross Index (NASDAQ:NOMXNMASEKGI)
Bear Market Rally (-75) - NOMXNMASEKGI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOMXNMASEKGI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NOMXNMASEKGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNMASEKGI.
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 NOMXNMASEKGI
The long-term trend has been DOWN since Jul 19th, 2024 at 1990.94
The intermediate-term trend has been DOWN since Sep 4th, 2024 at 1828.47
The short-term trend has been UP since Sep 11th, 2024 at 1814.39
Smart Scan Analysis for NOMXNMASEKGI
Based on our trend formula, NOMXNMASEKGI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1815.56 | 1835.58 | 1815.56 | 1834.91 | +32.60 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1802.31 | 0 | 2024-09-12 04:24:00 |