Index Trend Analysis Report
Prepared for you on Wednesday, August 12, 2020.
OMX Stockholm 30 Next_PI (NASDAQ:OMXS30NEXT)
Strong Uptrend (+100) - OMXS30NEXT is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OMXS30NEXT 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 OMXS30NEXT?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXS30NEXT.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXS30NEXT
The long-term trend has been UP since Jun 3rd, 2020 at 310.76
The intermediate-term trend has been UP since Jul 6th, 2020 at 312.05
The short-term trend has been UP since Aug 3rd, 2020 at 322.53
Smart Scan Analysis for OMXS30NEXT
Based on our trend formula, OMXS30NEXT is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||299.38||52wk High Date||2018-08-29|
|52wk Low||245.39||52wk Low Date||2018-02-06|