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Index Trend Analysis Report

Prepared for you on Friday, July 26, 2024.

OMX Stockholm Retail PI (NASDAQ:SX4040PI)

Strong Downtrend (-100) - SX4040PI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SX4040PI continues to fall. Traders should use caution and set stops.

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.

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NASDAQ_SX4040PI
Open High Low SX4040PI Price Change
1100.27 1106.74 1096.99 1102.73 +1.34
Entry Signal

MarketClub’s Trade Triangles for SX4040PI

long term down The long-term trend has been DOWN since Jul 24th, 2024 at 1092.27

intermediate term down The intermediate-term trend has been DOWN since Jun 27th, 2024 at 1204.63

short term down The short-term trend has been DOWN since Jul 17th, 2024 at 1134.95

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
1100.27 1106.74 1096.99 1102.73 +1.34
Prev. Close Volume Bid Ask Time
1101.39 0 2024-07-26 11:31:00
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