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Index Trend Analysis Report

Prepared for you on Friday, April 26, 2024.

NASDAQ OMX Nordic Materials SEK Gross Index (NASDAQ:NOMXNMASEKGI)

Long-Term Uptrend (+90) - NOMXNMASEKGI is in a strong uptrend that is likely to continue. While NOMXNMASEKGI 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 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.

NASDAQ_NOMXNMASEKGI
Open High Low NOMXNMASEKGI Price Change
2079.94 2094.54 2070.23 2073.87 -8.07
Entry Signal

MarketClub’s Trade Triangles for NOMXNMASEKGI

long term up The long-term trend has been UP since Apr 4th, 2024 at 2059.70

intermediate term up The intermediate-term trend has been UP since Mar 12th, 2024 at 1867.41

short term up The short-term trend has been UP since Apr 19th, 2024 at 2058.86

Smart Scan Analysis for NOMXNMASEKGI

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

+90
Smart Scan Analysis for NOMXNMASEKGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2079.94 2094.54 2070.23 2073.87 -8.07
Prev. Close Volume Bid Ask Time
2081.94 0 2024-04-26 03:53:00
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