Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.


Sidelines Mode (+55) - OMXNMCSEKGI 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 OMXNMCSEKGI?

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

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

Open High Low OMXNMCSEKGI Price Change
494.85 497.42 493.85 496.31 +2.36
Entry Signal

MarketClub’s Trade Triangles for OMXNMCSEKGI

long term up The long-term trend has been UP since Jun 3rd, 2020 at 321.94

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2021 at 494.57

short term up The short-term trend has been UP since May 17th, 2021 at 496.73

Smart Scan Analysis for OMXNMCSEKGI

Based on our trend formula, OMXNMCSEKGI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for OMXNMCSEKGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
494.85 497.42 493.85 496.31 +2.36
Prev. Close Volume Bid Ask Time
496.31 0 2021-05-17 11:31:00
52wk High288.9552wk High Date2018-08-28
52wk Low245.2652wk Low Date2018-02-06
Get a free daily analysis and signals for OMX_Nordic_Mid_Cap_SEK_GI (OMXNMCSEKGI) - Request Your Free Report.