Index Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
NASDAQ OMX Nordic Transportation Net Index (NASDAQ:NOMXNTPNI)
Long-Term Uptrend (+90) - NOMXNTPNI is in a strong uptrend that is likely to continue. While NOMXNTPNI 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 NOMXNTPNI?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNTPNI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOMXNTPNI
The long-term trend has been UP since Jun 3rd, 2020 at 1367.31
The intermediate-term trend has been UP since Apr 7th, 2020 at 1181.79
The short-term trend has been UP since Aug 4th, 2020 at 1671.34
Smart Scan Analysis for NOMXNTPNI
Based on our trend formula, NOMXNTPNI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1294.8||52wk High Date||2018-01-09|
|52wk Low||1033.32||52wk Low Date||2018-10-25|