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.
MarketClub’s Trade Triangles for OMXNMCSEKGI
The long-term trend has been UP since Jun 3rd, 2020 at 321.94
The intermediate-term trend has been DOWN since May 11th, 2021 at 494.57
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).
|52wk High||288.95||52wk High Date||2018-08-28|
|52wk Low||245.26||52wk Low Date||2018-02-06|