Index Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
Countertrend Down (-85) - OMXB10 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
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 DOWN since Feb 22nd, 2022 at 302.30
The intermediate-term trend has been DOWN since Apr 21st, 2022 at 296.30
The short-term trend has been UP since Jun 29th, 2022 at 266.07
Smart Scan Analysis for OMXB10
Based on our trend formula, OMXB10 is rated as a -85 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|