Index Trend Analysis Report
Prepared for you on Monday, August 15, 2022.
OMX Stockholm Travel and Leisure GI (NASDAQ:SX4050GI)
Bull Market Weakness (+75) - SX4050GI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SX4050GI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SX4050GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX4050GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX4050GI
The long-term trend has been DOWN since Sep 30th, 2021 at 11550.86
The intermediate-term trend has been UP since Jul 29th, 2022 at 8714.30
The short-term trend has been UP since Aug 11th, 2022 at 8850.19
Smart Scan Analysis for SX4050GI
Based on our trend formula, SX4050GI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).