Index Trend Analysis Report
Prepared for you on Friday, October 15, 2021.
OMX Stockholm 30 Bid (NASDAQ:OMXS30BID)
Strong Uptrend (+100) - OMXS30BID is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OMXS30BID continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid OMXS30BID?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXS30BID.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXS30BID
The long-term trend has been UP since Sep 14th, 2021 at 2469.45
The intermediate-term trend has been UP since Oct 1st, 2021 at 2479.92
The short-term trend has been UP since Oct 15th, 2021 at 2309.94
Smart Scan Analysis for OMXS30BID
Based on our trend formula, OMXS30BID is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).