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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
OMX Stockholm 50 Equal Weighted (NASDAQ:OMXS50EW)
Sidelines Mode (-55) - OMXS50EW is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid OMXS50EW?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXS50EW.
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 OMXS50EW
The long-term trend has been UP since Nov 23rd, 2023 at 939.07
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 1068.41
The short-term trend has been UP since Apr 23rd, 2024 at 1072.56
Smart Scan Analysis for OMXS50EW
Based on our trend formula, OMXS50EW is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1065.29 | 1065.29 | 1065.29 | 1065.29 | -10.40 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1065.29 | 0 | 2024-04-25 11:35:00 |
| 52wk High | 629.12 | 52wk High Date | 2018-08-29 |
| 52wk Low | 528.96 | 52wk Low Date | 2018-02-09 |