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Index Trend Analysis Report
Prepared for you on Tuesday, May 21, 2024.
NASDAQ OMX Nordic Transportation SEK (NASDAQ:NOMXNTPSEK)
Crossroads (+60) - NOMXNTPSEK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid NOMXNTPSEK?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNTPSEK.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for NOMXNTPSEK
The long-term trend has been DOWN since Sep 25th, 2023 at 2491.14
The intermediate-term trend has been UP since May 13th, 2024 at 2051.45
The short-term trend has been UP since May 7th, 2024 at 1987.25
Smart Scan Analysis for NOMXNTPSEK
Based on our trend formula, NOMXNTPSEK is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2121.60 | 2130.95 | 2110.18 | 2114.29 | -6.96 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2121.25 | 0 | 2024-05-21 06:07:00 |