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Index Trend Analysis Report

Prepared for you on Friday, May 10, 2024.

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

Weak Downtrend (-65) - NOMXNTPSEKGI is showing signs of a strengthening downtrend. Monitor NOMXNTPSEKGI as it may be building momentum to the downside.

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
2745.23 2746.03 2734.38 2735.74 -7.83
Entry Signal

MarketClub’s Trade Triangles for NOMXNTPSEKGI

long term down The long-term trend has been DOWN since Sep 25th, 2023 at 3308.05

intermediate term down The intermediate-term trend has been DOWN since Apr 24th, 2024 at 2695.56

short term up The short-term trend has been UP since May 7th, 2024 at 2692.42

Smart Scan Analysis for NOMXNTPSEKGI

Based on our trend formula, NOMXNTPSEKGI is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for NOMXNTPSEKGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2745.23 2746.03 2734.38 2735.74 -7.83
Prev. Close Volume Bid Ask Time
2743.57 0 2024-05-10 09:48:00
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