Index Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
OMX Stockholm 30 Next_GI (NASDAQ:OMXS30NEXTGI)
Countertrend Up (+85) - OMXS30NEXTGI 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 OMXS30NEXTGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXS30NEXTGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXS30NEXTGI
The long-term trend has been UP since Jun 3rd, 2020 at 455.26
The intermediate-term trend has been UP since Mar 2nd, 2021 at 588.01
The short-term trend has been DOWN since Mar 4th, 2021 at 578.38
Smart Scan Analysis for OMXS30NEXTGI
Based on our trend formula, OMXS30NEXTGI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||425.21||52wk High Date||2018-10-03|
|52wk Low||340.96||52wk Low Date||2018-02-06|