Index Trend Analysis Report
Prepared for you on Wednesday, September 28, 2022.
OMX GES OMXS30 Ethical Price Index (NASDAQ:OMXS30ETHICPI)
Strong Downtrend (-100) - OMXS30ETHICPI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, OMXS30ETHICPI continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid OMXS30ETHICPI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXS30ETHICPI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXS30ETHICPI
The long-term trend has been DOWN since Feb 18th, 2022 at 270.47
The intermediate-term trend has been DOWN since Aug 24th, 2022 at 235.30
The short-term trend has been DOWN since Sep 14th, 2022 at 227.16
Smart Scan Analysis for OMXS30ETHICPI
Based on our trend formula, OMXS30ETHICPI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||205.03||52wk High Date||2018-10-03|
|52wk Low||175.79||52wk Low Date||2018-11-20|