Index Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
OMX Stockholm Financial Services PI (NASDAQ:SX3020PI)
Bull Market Weakness (+75) - SX3020PI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SX3020PI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SX3020PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX3020PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX3020PI
The long-term trend has been DOWN since Oct 1st, 2021 at 4576.38
The intermediate-term trend has been UP since Oct 15th, 2021 at 4853.08
The short-term trend has been UP since Oct 13th, 2021 at 4659.13
Smart Scan Analysis for SX3020PI
Based on our trend formula, SX3020PI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).