Index Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
Long-Term Downtrend (-90) - OMXSSCGI is in a strong downtrend that is likely to continue. While OMXSSCGI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid OMXSSCGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXSSCGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXSSCGI
The long-term trend has been DOWN since Jan 24th, 2022 at 654.26
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 685.56
The short-term trend has been DOWN since Jun 30th, 2022 at 631.27
Smart Scan Analysis for OMXSSCGI
Based on our trend formula, OMXSSCGI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||406.69||52wk High Date||2018-10-03|
|52wk Low||302.18||52wk Low Date||2018-02-06|