Index Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
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.
MarketClub’s Trade Triangles for OMXSBGI
The long-term trend has been UP since Nov 11th, 2021 at 1812.25
The intermediate-term trend has been DOWN since Jan 17th, 2022 at 1763.87
The short-term trend has been DOWN since Jan 7th, 2022 at 1874.26
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).
|52wk High||1090.61||52wk High Date||2018-08-29|
|52wk Low||916.04||52wk Low Date||2018-02-06|