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Index Trend Analysis Report

Prepared for you on Wednesday, May 22, 2024.

OMX Stockholm Retail PI (NASDAQ:SX4040PI)

Strong Uptrend (+100) - SX4040PI is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SX4040PI continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

Is it time to buy, sell, or avoid SX4040PI?

MarketClub looks at technical strength and momentum to determine if the timing is right for SX4040PI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SX4040PI
Open High Low SX4040PI Price Change
1233.66 1241.24 1231.66 1239.74 +4.06
Entry Signal

MarketClub’s Trade Triangles for SX4040PI

long term up The long-term trend has been UP since Mar 27th, 2024 at 1178.86

intermediate term up The intermediate-term trend has been UP since Mar 13th, 2024 at 982.79

short term up The short-term trend has been UP since May 10th, 2024 at 1126.78

Smart Scan Analysis for SX4040PI

Based on our trend formula, SX4040PI is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SX4040PI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1233.66 1241.24 1231.66 1239.74 +4.06
Prev. Close Volume Bid Ask Time
1235.68 0 2024-05-22 06:46:00
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