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Index Trend Analysis Report

Prepared for you on Saturday, May 18, 2024.

OMX Copenhagen Cap_NI (NASDAQ:OMXCCAPNI)

Long-Term Uptrend (+90) - OMXCCAPNI is in a strong uptrend that is likely to continue. While OMXCCAPNI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

NASDAQ_OMXCCAPNI
Open High Low OMXCCAPNI Price Change
2018.35 2028.11 2015.83 2015.87 -7.86
Entry Signal

MarketClub’s Trade Triangles for OMXCCAPNI

long term up The long-term trend has been UP since Dec 18th, 2023 at 1799.42

intermediate term up The intermediate-term trend has been UP since May 7th, 2024 at 1943.32

short term up The short-term trend has been UP since May 7th, 2024 at 1940.48

Smart Scan Analysis for OMXCCAPNI

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

+90
Smart Scan Analysis for OMXCCAPNI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2018.35 2028.11 2015.83 2015.87 -7.86
Prev. Close Volume Bid Ask Time
2015.87 0 2024-05-17 11:04:00
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