Index Trend Analysis Report
Prepared for you on Wednesday, July 6, 2022.
OMX Stockholm Personal Goods PI (NASDAQ:SX402040PI)
Strong Downtrend (-100) - SX402040PI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SX402040PI continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SX402040PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX402040PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX402040PI
The long-term trend has been DOWN since Mar 4th, 2022 at 10355.96
The intermediate-term trend has been DOWN since Jun 9th, 2022 at 10176.02
The short-term trend has been DOWN since Jun 30th, 2022 at 7756.16
Smart Scan Analysis for SX402040PI
Based on our trend formula, SX402040PI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).