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Index Trend Analysis Report

Prepared for you on Saturday, May 4, 2024.

OMX_Nordic_ISK_PI (NASDAQ:OMXNORDICISKPI)

Crossroads (-60) - OMXNORDICISKPI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_OMXNORDICISKPI
Open High Low OMXNORDICISKPI Price Change
353.63 356.53 351.21 354.89 +0.69
Entry Signal

MarketClub’s Trade Triangles for OMXNORDICISKPI

long term up The long-term trend has been UP since Nov 9th, 2023 at 305.79

intermediate term down The intermediate-term trend has been DOWN since Apr 2nd, 2024 at 357.28

short term down The short-term trend has been DOWN since May 2nd, 2024 at 353.70

Smart Scan Analysis for OMXNORDICISKPI

Based on our trend formula, OMXNORDICISKPI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for OMXNORDICISKPI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
353.63 356.53 351.21 354.89 +0.69
Prev. Close Volume Bid Ask Time
354.89 0 2024-05-03 11:32:00
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