Index Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
OMX Stockholm 30_GI (NASDAQ:OMXS30GI)
Bear Market Rally (-75) - OMXS30GI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on OMXS30GI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid OMXS30GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXS30GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXS30GI
The long-term trend has been DOWN since Feb 14th, 2022 at 396.50
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 363.97
The short-term trend has been UP since Jul 5th, 2022 at 349.18
Smart Scan Analysis for OMXS30GI
Based on our trend formula, OMXS30GI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||276.4||52wk High Date||2018-08-29|
|52wk Low||236.25||52wk Low Date||2018-02-06|