Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Tuesday, October 22, 2024.

OMX Stockholm Household Goods and Home Construction PI (NASDAQ:SX402020PI)

Strong Downtrend (-100) - SX402020PI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SX402020PI continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SX402020PI?

MarketClub looks at technical strength and momentum to determine if the timing is right for SX402020PI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SX402020PI
Open High Low SX402020PI Price Change
1028.29 1028.29 1028.29 1028.29 -2.76
Entry Signal

MarketClub’s Trade Triangles for SX402020PI

long term down The long-term trend has been DOWN since Jul 24th, 2024 at 1099.41

intermediate term down The intermediate-term trend has been DOWN since Oct 22nd, 2024 at 1037.63

short term down The short-term trend has been DOWN since Oct 10th, 2024 at 1046.49

Smart Scan Analysis for SX402020PI

Based on our trend formula, SX402020PI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SX402020PI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1028.29 1028.29 1028.29 1028.29 -2.76
Prev. Close Volume Bid Ask Time
1031.05 0 2024-10-22 11:35:00
Get a free daily analysis and signals for OMX Stockholm Household Goods and Home Construction PI (SX402020PI) - Request Your Free Report.