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Index Trend Analysis Report

Prepared for you on Thursday, August 6, 2020.

OMX_Nordic_SEK_PI (NASDAQ:OMXNORDICSEKPI)

Long-Term Uptrend (+90) - OMXNORDICSEKPI is in a strong uptrend that is likely to continue. While OMXNORDICSEKPI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

NASDAQ_OMXNORDICSEKPI
Open High Low OMXNORDICSEKPI Price Change
417.50 419.44 416.77 417.24 -0.32
Entry Signal

MarketClub’s Trade Triangles for OMXNORDICSEKPI

long term up The long-term trend has been UP since Jun 5th, 2020 at 405.56

intermediate term up The intermediate-term trend has been UP since Jul 3rd, 2020 at 406.12

short term up The short-term trend has been UP since Aug 3rd, 2020 at 417.69

Smart Scan Analysis for OMXNORDICSEKPI

Based on our trend formula, OMXNORDICSEKPI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for OMXNORDICSEKPI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
417.50 419.44 416.77 417.24 -0.32
Prev. Close Volume Bid Ask Time
388.26 0 2020-08-06 05:26:00
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