Index Trend Analysis Report
Prepared for you on Sunday, August 9, 2020.
NASDAQ OMX Nordic Tele & InfoTech SEK Net Index (NASDAQ:NOMXNTISEKNI)
Strong Uptrend (+100) - NOMXNTISEKNI is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, NOMXNTISEKNI continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid NOMXNTISEKNI?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNTISEKNI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOMXNTISEKNI
The long-term trend has been UP since Jun 2nd, 2020 at 793.42
The intermediate-term trend has been UP since Jul 3rd, 2020 at 811.85
The short-term trend has been UP since Jul 31st, 2020 at 842.79
Smart Scan Analysis for NOMXNTISEKNI
Based on our trend formula, NOMXNTISEKNI is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).