Index Trend Analysis Report
Prepared for you on Sunday, January 23, 2022.
OMX Stockholm Telecommunications Equipment PI (NASDAQ:SX151010PI)
Sidelines Mode (-55) - SX151010PI 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 SX151010PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX151010PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX151010PI
The long-term trend has been DOWN since Jul 16th, 2021 at 1242.01
The intermediate-term trend has been UP since Dec 16th, 2021 at 1209.69
The short-term trend has been DOWN since Jan 21st, 2022 at 1270.58
Smart Scan Analysis for SX151010PI
Based on our trend formula, SX151010PI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).