Index Trend Analysis Report
Prepared for you on Saturday, December 2, 2023.
OMX Stockholm Benchmark ESG Responsible Gross Index (NASDAQ:OMXSBESGGI)
Strong Uptrend (+100) - OMXSBESGGI is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OMXSBESGGI continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid OMXSBESGGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXSBESGGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXSBESGGI
The long-term trend has been UP since Nov 23rd, 2023 at 916.63
The intermediate-term trend has been UP since Nov 14th, 2023 at 877.69
The short-term trend has been UP since Nov 29th, 2023 at 918.01
Smart Scan Analysis for OMXSBESGGI
Based on our trend formula, OMXSBESGGI is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).