Index Trend Analysis Report
Prepared for you on Tuesday, September 28, 2021.
NASDAQ OMX Nordic Transportation SEK (NASDAQ:NOMXNTPSEK)
Weak Downtrend (-65) - NOMXNTPSEK is showing signs of a strengthening downtrend. Monitor NOMXNTPSEK as it may be building momentum to the downside.
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.
MarketClub’s Trade Triangles for NOMXNTPSEK
The long-term trend has been UP since Jun 3rd, 2020 at 1219.78
The intermediate-term trend has been DOWN since Sep 27th, 2021 at 2685.95
The short-term trend has been DOWN since Sep 27th, 2021 at 2731.96
Smart Scan Analysis for NOMXNTPSEK
Based on our trend formula, NOMXNTPSEK is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).