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Index Trend Analysis Report

Prepared for you on Tuesday, October 22, 2024.

OMX Copenhagen 20 GI (NASDAQ:OMXC20GI)

Long-Term Downtrend (-90) - OMXC20GI is in a strong downtrend that is likely to continue. While OMXC20GI 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 OMXC20GI?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMXC20GI.

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NASDAQ_OMXC20GI
Open High Low OMXC20GI Price Change
885.69 885.75 870.71 878.96 -5.96
Entry Signal

MarketClub’s Trade Triangles for OMXC20GI

long term down The long-term trend has been DOWN since Aug 5th, 2024 at 883.57

intermediate term down The intermediate-term trend has been DOWN since Sep 20th, 2024 at 927.99

short term down The short-term trend has been DOWN since Oct 16th, 2024 at 881.10

Smart Scan Analysis for OMXC20GI

Based on our trend formula, OMXC20GI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for OMXC20GI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
885.69 885.75 870.71 878.96 -5.96
Prev. Close Volume Bid Ask Time
884.92 0 2024-10-22 11:04:00
52wk High327.2352wk High Date2018-01-23
52wk Low272.6352wk Low Date2018-10-11
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