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Index Trend Analysis Report

Prepared for you on Monday, May 27, 2024.

OMX Stockholm Telecommunications GI (NASDAQ:SX15GI)

Countertrend Up (+85) - SX15GI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid SX15GI?

MarketClub looks at technical strength and momentum to determine if the timing is right for SX15GI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low SX15GI Price Change
1350.72 1354.06 1342.45 1350.19 -1.96
Entry Signal

MarketClub’s Trade Triangles for SX15GI

long term up The long-term trend has been UP since Dec 4th, 2023 at 1134.24

intermediate term up The intermediate-term trend has been UP since Apr 22nd, 2024 at 1245.20

short term down The short-term trend has been DOWN since May 27th, 2024 at 1345.21

Smart Scan Analysis for SX15GI

Based on our trend formula, SX15GI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for SX15GI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1350.72 1354.06 1342.45 1350.19 -1.96
Prev. Close Volume Bid Ask Time
1352.15 0 2024-05-27 09:19:00
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