Index Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
OMX Oslo 20 PI (NASDAQ:OMXO20PI)
Countertrend Down (-85) - OMXO20PI 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 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 DOWN since Jun 23rd, 2022 at 686.40
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 727.87
The short-term trend has been UP since Jun 28th, 2022 at 700.91
Smart Scan Analysis for OMXO20PI
Based on our trend formula, OMXO20PI is rated as a -85 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|