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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

OMX Stockholm 30 Weekly Expiration Index (NASDAQ:OMXS30WEEKEXP)

Long-Term Uptrend (+90) - OMXS30WEEKEXP is in a strong uptrend that is likely to continue. While OMXS30WEEKEXP is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid OMXS30WEEKEXP?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMXS30WEEKEXP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_OMXS30WEEKEXP
Open High Low OMXS30WEEKEXP Price Change
2537.37 2537.37 2537.37 2537.37 -0.75
Entry Signal

MarketClub’s Trade Triangles for OMXS30WEEKEXP

long term up The long-term trend has been UP since Dec 1st, 2023 at 2241.66

intermediate term up The intermediate-term trend has been UP since Jan 31st, 2024 at 2370.97

short term up The short-term trend has been UP since Mar 21st, 2024 at 2533.62

Smart Scan Analysis for OMXS30WEEKEXP

Based on our trend formula, OMXS30WEEKEXP is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for OMXS30WEEKEXP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2537.37 2537.37 2537.37 2537.37 -0.75
Prev. Close Volume Bid Ask Time
2538.12 0 2024-03-28 06:33:00
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