Index Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
OMX Copenhagen Cap_NI (NASDAQ:OMXCCAPNI)
Sidelines Mode (-55) - OMXCCAPNI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid OMXCCAPNI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXCCAPNI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXCCAPNI
The long-term trend has been UP since Jun 2nd, 2020 at 1338.32
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 1614.13
The short-term trend has been UP since Mar 1st, 2021 at 1652.13
Smart Scan Analysis for OMXCCAPNI
Based on our trend formula, OMXCCAPNI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).