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Index Trend Analysis Report

Prepared for you on Thursday, August 6, 2020.

OMX Nordic 40 (NASDAQ:OMXN40)

Bull Market Weakness (+75) - OMXN40 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OMXN40 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid OMXN40?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMXN40.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_OMXN40
Open High Low OMXN40 Price Change
1785.61 1788.97 1778.31 1782.54 +2.14
Entry Signal

MarketClub’s Trade Triangles for OMXN40

long term up The long-term trend has been UP since Jun 2nd, 2020 at 1700.41

intermediate term up The intermediate-term trend has been UP since Jul 2nd, 2020 at 1729.16

short term up The short-term trend has been UP since Aug 4th, 2020 at 1799.86

Smart Scan Analysis for OMXN40

Based on our trend formula, OMXN40 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for OMXN40
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1785.61 1788.97 1778.31 1782.54 +2.14
Prev. Close Volume Bid Ask Time
1651.90 0 2020-08-05 11:34:00
52wk High1643.7152wk High Date2018-01-23
52wk Low1403.0252wk Low Date2018-10-25
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