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Index Trend Analysis Report

Prepared for you on Thursday, January 20, 2022.

NASDAQ OMX Nordic Transportation SEK Gross Index (NASDAQ:NOMXNTPSEKGI)

Crossroads (-60) - NOMXNTPSEKGI 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 NOMXNTPSEKGI?

MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXNTPSEKGI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_NOMXNTPSEKGI
Open High Low NOMXNTPSEKGI Price Change
3204.24 3248.39 3154.57 3243.50 +46.32
Entry Signal

MarketClub’s Trade Triangles for NOMXNTPSEKGI

long term up The long-term trend has been UP since Dec 27th, 2021 at 3423.60

intermediate term down The intermediate-term trend has been DOWN since Jan 17th, 2022 at 3253.48

short term down The short-term trend has been DOWN since Jan 6th, 2022 at 3458.61

Smart Scan Analysis for NOMXNTPSEKGI

Based on our trend formula, NOMXNTPSEKGI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for NOMXNTPSEKGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3204.24 3248.39 3154.57 3243.50 +46.32
Prev. Close Volume Bid Ask Time
3197.18 0 2022-01-20 12:16:00
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