Index Trend Analysis Report
Prepared for you on Friday, September 18, 2020.
OMX Stockholm 30 Expiration Index (NASDAQ:OMXS30EXP)
Strong Uptrend (+100) - OMXS30EXP is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OMXS30EXP 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 OMXS30EXP?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXS30EXP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXS30EXP
The long-term trend has been UP since Jun 8th, 2020 at 1722.98
The intermediate-term trend has been UP since Aug 25th, 2020 at 1790.80
The short-term trend has been UP since Sep 10th, 2020 at 1801.47
Smart Scan Analysis for OMXS30EXP
Based on our trend formula, OMXS30EXP is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).