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Index Trend Analysis Report
Prepared for you on Saturday, June 25, 2022.
OMX Stockholm 40 Equal Weighted TR Index (NASDAQ:OMXS40TR)
Strong Downtrend (-100) - OMXS40TR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, OMXS40TR continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid OMXS40TR?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXS40TR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for OMXS40TR
The long-term trend has been DOWN since Feb 14th, 2022 at 1861.92
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 1760.93
The short-term trend has been DOWN since Jun 9th, 2022 at 1825.92
Smart Scan Analysis for OMXS40TR
Based on our trend formula, OMXS40TR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1636.81 | 1636.81 | 1636.81 | 1636.81 | 0.00 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1636.81 | 0 | 2022-06-24 11:33:00 |