Index Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
OMX Stockholm Oil & Gas GI (NASDAQ:SX0500GI)
Strong Downtrend (-100) - SX0500GI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SX0500GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX0500GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX0500GI
The long-term trend has been DOWN since Feb 26th, 2020 at 1813.93
The intermediate-term trend has been DOWN since Jan 27th, 2020 at 2053.93
The short-term trend has been DOWN since Mar 30th, 2020 at 1097.12
Smart Scan Analysis for SX0500GI
Based on our trend formula, SX0500GI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2162.43||52wk High Date||2018-10-02|
|52wk Low||1142.25||52wk Low Date||2018-02-14|