Index Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
Nasdaq OMXS30 DUO NTR Index (NASDAQ:OMXDUON)
Weak Downtrend (-65) - OMXDUON is showing signs of a strengthening downtrend. Monitor OMXDUON as it may be building momentum to the downside.
Is it time to buy, sell, or avoid OMXDUON?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXDUON.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXDUON
The long-term trend has been DOWN since Sep 20th, 2021 at 1450.02
The intermediate-term trend has been DOWN since Aug 19th, 2021 at 1513.56
The short-term trend has been UP since Oct 8th, 2021 at 1446.16
Smart Scan Analysis for OMXDUON
Based on our trend formula, OMXDUON is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).