Index Trend Analysis Report
Prepared for you on Tuesday, October 20, 2020.
OMX Stockholm Leisure Goods PI (NASDAQ:SX402030PI)
Bull Market Weakness (+75) - SX402030PI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SX402030PI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SX402030PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX402030PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX402030PI
The long-term trend has been UP since Jul 17th, 2020 at 4361.57
The intermediate-term trend has been UP since Jul 17th, 2020 at 4361.57
The short-term trend has been DOWN since Oct 20th, 2020 at 5517.13
Smart Scan Analysis for SX402030PI
Based on our trend formula, SX402030PI is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).