Index Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
OMX Stockholm Software and Computer Services GI (NASDAQ:SX101010GI)
Sidelines Mode (+55) - SX101010GI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SX101010GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX101010GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX101010GI
The long-term trend has been UP since Aug 11th, 2020 at 4905.84
The intermediate-term trend has been DOWN since Sep 17th, 2021 at 9070.44
The short-term trend has been UP since Oct 13th, 2021 at 8208.73
Smart Scan Analysis for SX101010GI
Based on our trend formula, SX101010GI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).