Index Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
OMX Stockholm Oil & Gas PI (NASDAQ:SX0500PI)
Weak Downtrend (-65) - SX0500PI is showing signs of a strengthening downtrend. Monitor SX0500PI as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SX0500PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX0500PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX0500PI
The long-term trend has been DOWN since Feb 26th, 2020 at 1706.09
The intermediate-term trend has been DOWN since Jan 27th, 2020 at 1913.77
The short-term trend has been UP since Mar 31st, 2020 at 1109.02
Smart Scan Analysis for SX0500PI
Based on our trend formula, SX0500PI is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||2104.16||52wk High Date||2018-10-02|
|52wk Low||1129.49||52wk Low Date||2018-02-14|