Index Trend Analysis Report
Prepared for you on Wednesday, December 8, 2021.
OMX Stockholm Retail GI (NASDAQ:SX4040GI)
Weak Downtrend (-65) - SX4040GI is showing signs of a strengthening downtrend. Monitor SX4040GI as it may be building momentum to the downside.
Is it time to buy, sell, or avoid SX4040GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX4040GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX4040GI
The long-term trend has been DOWN since Jul 16th, 2021 at 1938.62
The intermediate-term trend has been DOWN since Nov 26th, 2021 at 1698.34
The short-term trend has been UP since Dec 1st, 2021 at 1753.18
Smart Scan Analysis for SX4040GI
Based on our trend formula, SX4040GI is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).