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Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

NASDAQ OMX Nordic Transportation SEK Net Index (NASDAQ:NOMXNTPSEKNI)

Bear Market Rally (-75) - NOMXNTPSEKNI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NOMXNTPSEKNI as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid NOMXNTPSEKNI?

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

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

NASDAQ_NOMXNTPSEKNI
Open High Low NOMXNTPSEKNI Price Change
2609.91 2612.45 2572.52 2576.14 -34.67
Entry Signal

MarketClub’s Trade Triangles for NOMXNTPSEKNI

long term down The long-term trend has been DOWN since Sep 25th, 2023 at 3105.47

intermediate term up The intermediate-term trend has been UP since Mar 21st, 2024 at 2527.60

short term down The short-term trend has been DOWN since Apr 16th, 2024 at 2610.12

Smart Scan Analysis for NOMXNTPSEKNI

Based on our trend formula, NOMXNTPSEKNI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for NOMXNTPSEKNI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2609.91 2612.45 2572.52 2576.14 -34.67
Prev. Close Volume Bid Ask Time
2610.81 0 2024-04-18 07:48:00
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