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Index Trend Analysis Report
Prepared for you on Saturday, May 4, 2024.
OMX Stockholm 30 ESG Responsible Net Index (NASDAQ:OMXS30ESGNI)
Countertrend Up (+85) - OMXS30ESGNI 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 OMXS30ESGNI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXS30ESGNI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for OMXS30ESGNI
The long-term trend has been UP since Nov 23rd, 2023 at 2365.40
The intermediate-term trend has been UP since Jan 29th, 2024 at 2511.10
The short-term trend has been DOWN since May 2nd, 2024 at 2721.61
Smart Scan Analysis for OMXS30ESGNI
Based on our trend formula, OMXS30ESGNI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2730.24 | 2747.66 | 2719.40 | 2736.89 | +16.70 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2736.89 | 0 | 2024-05-03 11:34:00 |