Index Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
OMX Stockholm Retailers PI (NASDAQ:SX404010PI)
Weak Downtrend (-65) - SX404010PI is showing signs of a strengthening downtrend. Monitor SX404010PI as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SX404010PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX404010PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX404010PI
The long-term trend has been DOWN since Jul 16th, 2021 at 1014.31
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 868.64
The short-term trend has been DOWN since Dec 3rd, 2021 at 874.82
Smart Scan Analysis for SX404010PI
Based on our trend formula, SX404010PI is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).