Index Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
Bull Market Weakness (+75) - OMXB10 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OMXB10 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid OMXB10?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXB10.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXB10
The long-term trend has been UP since Jul 2nd, 2020 at 209.37
The intermediate-term trend has been UP since May 25th, 2021 at 282.03
The short-term trend has been UP since Jun 21st, 2021 at 283.23
Smart Scan Analysis for OMXB10
Based on our trend formula, OMXB10 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||239.66||52wk High Date||2018-03-22|
|52wk Low||202.7||52wk Low Date||2018-11-21|