Index Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
OMX Stockholm Financials GI (NASDAQ:SX30GI)
Weak Downtrend (-65) - SX30GI is showing signs of a strengthening downtrend. Monitor SX30GI as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SX30GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX30GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX30GI
The long-term trend has been UP since Nov 5th, 2020 at 3250.63
The intermediate-term trend has been DOWN since May 4th, 2021 at 4071.56
The short-term trend has been DOWN since May 4th, 2021 at 4136.36
Smart Scan Analysis for SX30GI
Based on our trend formula, SX30GI is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).