Index Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
OMX Copenhagen 20 (NASDAQ:OMXC20)
Countertrend Up (+85) - OMXC20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid OMXC20?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXC20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXC20
The long-term trend has been UP since Apr 16th, 2021 at 1517.76
The intermediate-term trend has been UP since Mar 31st, 2021 at 1467.51
The short-term trend has been DOWN since Jun 17th, 2021 at 1616.16
Smart Scan Analysis for OMXC20
Based on our trend formula, OMXC20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1056.09||52wk High Date||2018-01-23|
|52wk Low||860.86||52wk Low Date||2018-10-11|