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Index Trend Analysis Report
Prepared for you on Sunday, May 19, 2024.
OMX Stockholm All-Share Cap_PI (NASDAQ:OMXSCAPPI)
Countertrend Up (+85) - OMXSCAPPI 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 OMXSCAPPI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXSCAPPI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for OMXSCAPPI
The long-term trend has been UP since Dec 1st, 2023 at 227.44
The intermediate-term trend has been UP since May 6th, 2024 at 260.53
The short-term trend has been DOWN since May 17th, 2024 at 267.88
Smart Scan Analysis for OMXSCAPPI
Based on our trend formula, OMXSCAPPI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 268.76 | 268.79 | 267.56 | 268.66 | -0.60 |
| Prev. Close | Volume | Bid | Ask | Time |
| 268.66 | 0 | 2024-05-17 11:34:00 |