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Index Trend Analysis Report

Prepared for you on Monday, December 6, 2021.

OMX Stockholm Telecommunications PI (NASDAQ:SX15PI)

Long-Term Downtrend (-90) - SX15PI is in a strong downtrend that is likely to continue. While SX15PI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SX15PI?

MarketClub looks at technical strength and momentum to determine if the timing is right for SX15PI.

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NASDAQ_SX15PI
Open High Low SX15PI Price Change
911.66 921.51 910.14 919.91 +15.02
Entry Signal

MarketClub’s Trade Triangles for SX15PI

long term down The long-term trend has been DOWN since Jul 27th, 2021 at 948.04

intermediate term down The intermediate-term trend has been DOWN since Nov 30th, 2021 at 917.07

short term down The short-term trend has been DOWN since Nov 30th, 2021 at 917.58

Smart Scan Analysis for SX15PI

Based on our trend formula, SX15PI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SX15PI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
911.66 921.51 910.14 919.91 +15.02
Prev. Close Volume Bid Ask Time
904.89 0 2021-12-06 11:34:00
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