Index Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
OMX Stockholm Financial Services GI (NASDAQ:SX3020GI)
Bull Market Weakness (+75) - SX3020GI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SX3020GI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SX3020GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX3020GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX3020GI
The long-term trend has been DOWN since Oct 1st, 2021 at 6399.72
The intermediate-term trend has been UP since Oct 15th, 2021 at 6786.67
The short-term trend has been UP since Oct 13th, 2021 at 6515.43
Smart Scan Analysis for SX3020GI
Based on our trend formula, SX3020GI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).