Index Trend Analysis Report
Prepared for you on Tuesday, June 28, 2022.
OMX Stockholm Pharmaceuticals and Biotechnology GI (NASDAQ:SX201030GI)
Countertrend Up (+85) - SX201030GI 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 SX201030GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX201030GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX201030GI
The long-term trend has been UP since Mar 2nd, 2022 at 5061.74
The intermediate-term trend has been UP since Jun 24th, 2022 at 5530.11
The short-term trend has been UP since Jun 21st, 2022 at 5333.43
Smart Scan Analysis for SX201030GI
Based on our trend formula, SX201030GI is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).