Index Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
OMX Stockholm Health Care GI (NASDAQ:SX20GI)
Bull Market Weakness (+75) - SX20GI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SX20GI as it may be in the beginning stages of a reversal.
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 Sep 20th, 2021 at 4634.13
The short-term trend has been UP since Oct 13th, 2021 at 4509.19
Smart Scan Analysis for SX20GI
Based on our trend formula, SX20GI is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).