Index Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
OMX Stockholm Telecommunications GI (NASDAQ:SX15GI)
Sidelines Mode (-55) - SX15GI 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 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.
MarketClub’s Trade Triangles for SX15GI
The long-term trend has been DOWN since Feb 22nd, 2022 at 1551.03
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 1559.30
The short-term trend has been UP since May 27th, 2022 at 1549.46
Smart Scan Analysis for SX15GI
Based on our trend formula, SX15GI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).