Index Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
NASDAQ OMX Small Cap Sweden GI (NASDAQ:NOMXSCSEGI)
Long-Term Downtrend (-90) - NOMXSCSEGI is in a strong downtrend that is likely to continue. While NOMXSCSEGI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NOMXSCSEGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for NOMXSCSEGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NOMXSCSEGI
The long-term trend has been DOWN since Jan 18th, 2022 at 4368.38
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 4641.04
The short-term trend has been DOWN since Jan 5th, 2022 at 4997.21
Smart Scan Analysis for NOMXSCSEGI
Based on our trend formula, NOMXSCSEGI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2428.04||52wk High Date||2018-09-03|
|52wk Low||1947.8||52wk Low Date||2018-02-06|