Index Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
NASDAQ OMX Nordic Telecom & InfoTech Gross Index (NASDAQ:NOMXNTIGI)
Countertrend Up (+85) - NOMXNTIGI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid NOMXNTIGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNTIGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOMXNTIGI
The long-term trend has been UP since Jun 1st, 2020 at 839.58
The intermediate-term trend has been UP since Oct 14th, 2021 at 1173.84
The short-term trend has been DOWN since Oct 19th, 2021 at 1172.35
Smart Scan Analysis for NOMXNTIGI
Based on our trend formula, NOMXNTIGI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||873.34||52wk High Date||2018-06-15|
|52wk Low||689.67||52wk Low Date||2017-12-11|