Index Trend Analysis Report
Prepared for you on Monday, March 1, 2021.
Countertrend Up (+85) - OMXNSCSEKPI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid OMXNSCSEKPI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXNSCSEKPI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXNSCSEKPI
The long-term trend has been UP since Jul 3rd, 2020 at 598.10
The intermediate-term trend has been UP since Feb 8th, 2021 at 844.56
The short-term trend has been DOWN since Feb 23rd, 2021 at 850.55
Smart Scan Analysis for OMXNSCSEKPI
Based on our trend formula, OMXNSCSEKPI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||580.47||52wk High Date||2018-10-03|
|52wk Low||483.52||52wk Low Date||2018-02-06|