Index Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
OMX Stockholm Media PI (NASDAQ:SX4030PI)
Strong Downtrend (-100) - SX4030PI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SX4030PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX4030PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX4030PI
The long-term trend has been DOWN since May 6th, 2021 at 877.11
The intermediate-term trend has been DOWN since Jun 21st, 2021 at 924.78
The short-term trend has been DOWN since Jun 10th, 2021 at 956.33
Smart Scan Analysis for SX4030PI
Based on our trend formula, SX4030PI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).