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Index Trend Analysis Report
Prepared for you on Thursday, May 2, 2024.
OMX Stockholm Telecommunications PI (NASDAQ:SX15PI)
Sidelines Mode (+55) - SX15PI 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 SX15PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX15PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SX15PI
The long-term trend has been UP since Dec 5th, 2023 at 601.02
The intermediate-term trend has been UP since Apr 22nd, 2024 at 639.43
The short-term trend has been DOWN since Apr 25th, 2024 at 632.19
Smart Scan Analysis for SX15PI
Based on our trend formula, SX15PI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 625.38 | 627.21 | 622.39 | 623.56 | -3.66 |
| Prev. Close | Volume | Bid | Ask | Time |
| 627.22 | 0 | 2024-05-02 11:33:00 |