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Index Trend Analysis Report

Prepared for you on Wednesday, May 29, 2024.

OMX_Stockholm_Mid_Cap_PI (NASDAQ:OMXSMCPI)

Long-Term Uptrend (+90) - OMXSMCPI is in a strong uptrend that is likely to continue. While OMXSMCPI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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

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

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

NASDAQ_OMXSMCPI
Open High Low OMXSMCPI Price Change
1669.66 1672.25 1663.40 1664.10 -7.13
Entry Signal

MarketClub’s Trade Triangles for OMXSMCPI

long term up The long-term trend has been UP since Dec 1st, 2023 at 1300.58

intermediate term up The intermediate-term trend has been UP since May 3rd, 2024 at 1541.98

short term up The short-term trend has been UP since Apr 29th, 2024 at 1510.39

Smart Scan Analysis for OMXSMCPI

Based on our trend formula, OMXSMCPI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for OMXSMCPI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1669.66 1672.25 1663.40 1664.10 -7.13
Prev. Close Volume Bid Ask Time
1671.23 0 2024-05-29 09:46:00
52wk High870.1152wk High Date2018-10-03
52wk Low715.0452wk Low Date2018-02-06
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