Index Trend Analysis Report
Prepared for you on Tuesday, November 28, 2023.
OMX Oslo 20 PI (NASDAQ:OMXO20PI)
Long-Term Uptrend (+90) - OMXO20PI is in a strong uptrend that is likely to continue. While OMXO20PI 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 OMXO20PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXO20PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXO20PI
The long-term trend has been UP since Aug 9th, 2023 at 690.07
The intermediate-term trend has been UP since Nov 27th, 2023 at 725.91
The short-term trend has been UP since Nov 24th, 2023 at 723.09
Smart Scan Analysis for OMXO20PI
Based on our trend formula, OMXO20PI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||655.44||52wk High Date||2018-09-26|
|52wk Low||539.87||52wk Low Date||2018-02-06|