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Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
OMX_Nordic_EUR_GI (NASDAQ:OMXNORDICEURGI)
Sidelines Mode (-55) - OMXNORDICEURGI 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 OMXNORDICEURGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXNORDICEURGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for OMXNORDICEURGI
The long-term trend has been UP since Nov 17th, 2023 at 370.31
The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 427.61
The short-term trend has been UP since Apr 22nd, 2024 at 424.70
Smart Scan Analysis for OMXNORDICEURGI
Based on our trend formula, OMXNORDICEURGI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 430.96 | 431.29 | 426.84 | 427.22 | -3.93 |
| Prev. Close | Volume | Bid | Ask | Time |
| 431.15 | 0 | 2024-04-24 11:33:00 |