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Index Trend Analysis Report

Prepared for you on Thursday, January 27, 2022.

OMX Stockholm Retail PI (NASDAQ:SX4040PI)

Sidelines Mode (+55) - SX4040PI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
1224.35 1264.51 1224.35 1258.17 +11.69
Entry Signal

MarketClub’s Trade Triangles for SX4040PI

long term up The long-term trend has been UP since Jan 3rd, 2022 at 1309.29

intermediate term down The intermediate-term trend has been DOWN since Jan 17th, 2022 at 1263.05

short term up The short-term trend has been UP since Jan 26th, 2022 at 1246.75

Smart Scan Analysis for SX4040PI

Based on our trend formula, SX4040PI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SX4040PI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1224.35 1264.51 1224.35 1258.17 +11.69
Prev. Close Volume Bid Ask Time
1246.48 0 2022-01-27 11:34:00
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