Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Saturday, April 20, 2024.

OMX Stockholm Benchmark_GI (NASDAQ:OMXSBGI)

Crossroads (-60) - OMXSBGI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

NASDAQ_OMXSBGI
Open High Low OMXSBGI Price Change
1857.02 1868.23 1851.03 1866.84 -11.23
Entry Signal

MarketClub’s Trade Triangles for OMXSBGI

long term up The long-term trend has been UP since Dec 1st, 2023 at 1649.03

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 1862.05

short term down The short-term trend has been DOWN since Apr 11th, 2024 at 1877.95

Smart Scan Analysis for OMXSBGI

Based on our trend formula, OMXSBGI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for OMXSBGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1857.02 1868.23 1851.03 1866.84 -11.23
Prev. Close Volume Bid Ask Time
1866.84 0 2024-04-19 11:33:00
52wk High1090.6152wk High Date2018-08-29
52wk Low916.0452wk Low Date2018-02-06
Get a free daily analysis and signals for OMX Stockholm Benchmark_GI (OMXSBGI) - Request Your Free Report.