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Index Trend Analysis Report

Prepared for you on Friday, March 5, 2021.

OMX Stockholm 30 Bid (NASDAQ:OMXS30BID)

Countertrend Up (+85) - OMXS30BID 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 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.

NASDAQ_OMXS30BID
Open High Low OMXS30BID Price Change
2058.34 2061.55 1928.64 2056.74 -9.41
Entry Signal

MarketClub’s Trade Triangles for OMXS30BID

long term up The long-term trend has been UP since Jun 15th, 2020 at 1752.09

intermediate term up The intermediate-term trend has been UP since Jan 7th, 2021 at 1917.97

short term down The short-term trend has been DOWN since Mar 5th, 2021 at 1972.17

Smart Scan Analysis for OMXS30BID

Based on our trend formula, OMXS30BID is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for OMXS30BID
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2058.34 2061.55 1928.64 2056.74 -9.41
Prev. Close Volume Bid Ask Time
2066.15 0 2021-03-05 08:08:00
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