Index Trend Analysis Report
Prepared for you on Wednesday, June 29, 2022.
Countertrend Down (-85) - OMXNORDICISKGI is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid OMXNORDICISKGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXNORDICISKGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXNORDICISKGI
The long-term trend has been DOWN since Jan 19th, 2022 at 551.36
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 467.47
The short-term trend has been UP since Jun 27th, 2022 at 445.05
Smart Scan Analysis for OMXNORDICISKGI
Based on our trend formula, OMXNORDICISKGI is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).