Index Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
OMX Stockholm Health Care GI (NASDAQ:SX20GI)
Sidelines Mode (-55) - SX20GI 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 SX20GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX20GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX20GI
The long-term trend has been UP since Feb 3rd, 2021 at 3610.88
The intermediate-term trend has been DOWN since Feb 23rd, 2021 at 3545.77
The short-term trend has been UP since Mar 1st, 2021 at 3579.93
Smart Scan Analysis for SX20GI
Based on our trend formula, SX20GI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).