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Index Trend Analysis Report

Prepared for you on Saturday, November 23, 2024.

NASDAQ OMX Nordic Materials SEK Net Index (NASDAQ:NOMXNMASEKNI)

Strong Downtrend (-100) - NOMXNMASEKNI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, NOMXNMASEKNI continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid NOMXNMASEKNI?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNMASEKNI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NOMXNMASEKNI
Open High Low NOMXNMASEKNI Price Change
1694.52 1699.30 1673.89 1693.81 +5.25
Entry Signal

MarketClub’s Trade Triangles for NOMXNMASEKNI

long term down The long-term trend has been DOWN since Jul 19th, 2024 at 1835.63

intermediate term down The intermediate-term trend has been DOWN since Oct 31st, 2024 at 1725.37

short term down The short-term trend has been DOWN since Nov 21st, 2024 at 1684.78

Smart Scan Analysis for NOMXNMASEKNI

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

-100
Smart Scan Analysis for NOMXNMASEKNI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1694.52 1699.30 1673.89 1693.81 +5.25
Prev. Close Volume Bid Ask Time
1693.81 0 2024-11-22 11:33:00
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