Index Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
OMX Stockholm 60 Cap_PI (NASDAQ:OMXS60CAPPI)
Countertrend Up (+85) - OMXS60CAPPI 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 OMXS60CAPPI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXS60CAPPI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXS60CAPPI
The long-term trend has been UP since Jun 5th, 2020 at 211.40
The intermediate-term trend has been UP since Nov 9th, 2020 at 229.61
The short-term trend has been DOWN since Nov 27th, 2020 at 235.98
Smart Scan Analysis for OMXS60CAPPI
Based on our trend formula, OMXS60CAPPI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||206.09||52wk High Date||2018-08-29|
|52wk Low||176.44||52wk Low Date||2018-11-20|