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Index Trend Analysis Report

Prepared for you on Tuesday, January 18, 2022.

OMX Stockholm 40 Equal Weighted Excess Return Inde (NASDAQ:OMXS40ER)

Weak Downtrend (-65) - OMXS40ER is showing signs of a strengthening downtrend. Monitor OMXS40ER as it may be building momentum to the downside.

Is it time to buy, sell, or avoid OMXS40ER?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMXS40ER.

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

NASDAQ_OMXS40ER
Open High Low OMXS40ER Price Change
1454.50 1454.50 1424.35 1427.52 -27.18
Entry Signal

MarketClub’s Trade Triangles for OMXS40ER

long term up The long-term trend has been UP since Jan 3rd, 2022 at 1503.48

intermediate term down The intermediate-term trend has been DOWN since Jan 18th, 2022 at 1445.98

short term down The short-term trend has been DOWN since Jan 7th, 2022 at 1502.90

Smart Scan Analysis for OMXS40ER

Based on our trend formula, OMXS40ER is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for OMXS40ER
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1454.50 1454.50 1424.35 1427.52 -27.18
Prev. Close Volume Bid Ask Time
1454.70 0 2022-01-18 05:48:00
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