Index Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
Long-Term Downtrend (-90) - OMXHMCPI is in a strong downtrend that is likely to continue. While OMXHMCPI 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 OMXHMCPI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXHMCPI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXHMCPI
The long-term trend has been DOWN since Oct 1st, 2021 at 535.56
The intermediate-term trend has been DOWN since Jan 18th, 2022 at 540.01
The short-term trend has been DOWN since Jan 7th, 2022 at 556.47
Smart Scan Analysis for OMXHMCPI
Based on our trend formula, OMXHMCPI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||390.18||52wk High Date||2018-01-08|
|52wk Low||290.46||52wk Low Date||2018-10-26|