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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

OMX Stockholm 30 GI 3.5% Excess Return Index (NASDAQ:OMXS30ER)

Long-Term Uptrend (+90) - OMXS30ER is in a strong uptrend that is likely to continue. While OMXS30ER 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 OMXS30ER?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMXS30ER.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_OMXS30ER
Open High Low OMXS30ER Price Change
1268.78 1271.69 1259.26 1260.05 -7.12
Entry Signal

MarketClub’s Trade Triangles for OMXS30ER

long term up The long-term trend has been UP since Dec 1st, 2023 at 1117.34

intermediate term up The intermediate-term trend has been UP since Jan 29th, 2024 at 1175.14

short term up The short-term trend has been UP since Mar 21st, 2024 at 1251.15

Smart Scan Analysis for OMXS30ER

Based on our trend formula, OMXS30ER is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for OMXS30ER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1268.78 1271.69 1259.26 1260.05 -7.12
Prev. Close Volume Bid Ask Time
1260.05 0 2024-03-28 12:34:00
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