Index Trend Analysis Report
Prepared for you on Saturday, June 19, 2021.
OMX Stockholm Media GI (NASDAQ:SX4030GI)
Bear Market Rally (-75) - SX4030GI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SX4030GI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SX4030GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX4030GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX4030GI
The long-term trend has been DOWN since May 6th, 2021 at 1131.50
The intermediate-term trend has been UP since May 28th, 2021 at 1221.69
The short-term trend has been DOWN since Jun 10th, 2021 at 1233.70
Smart Scan Analysis for SX4030GI
Based on our trend formula, SX4030GI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).