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Index Trend Analysis Report

Prepared for you on Sunday, June 16, 2024.

OMX Stockholm Benchmark_NI (NASDAQ:OMXSBNI)

Weak Downtrend (-65) - OMXSBNI is showing signs of a strengthening downtrend. Monitor OMXSBNI as it may be building momentum to the downside.

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

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

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

NASDAQ_OMXSBNI
Open High Low OMXSBNI Price Change
2162.35 2162.40 2125.52 2131.00 -27.02
Entry Signal

MarketClub’s Trade Triangles for OMXSBNI

long term up The long-term trend has been UP since Dec 1st, 2023 at 1828.72

intermediate term down The intermediate-term trend has been DOWN since Jun 14th, 2024 at 2145.43

short term down The short-term trend has been DOWN since Jun 14th, 2024 at 2146.43

Smart Scan Analysis for OMXSBNI

Based on our trend formula, OMXSBNI is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for OMXSBNI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2162.35 2162.40 2125.52 2131.00 -27.02
Prev. Close Volume Bid Ask Time
2131.00 0 2024-06-14 11:33:00
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