Index Trend Analysis Report
Prepared for you on Sunday, October 25, 2020.
OMX Stockholm Travel and Leisure PI (NASDAQ:SX4050PI)
Bull Market Weakness (+75) - SX4050PI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SX4050PI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid SX4050PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX4050PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX4050PI
The long-term trend has been UP since Oct 5th, 2020 at 5057.09
The intermediate-term trend has been UP since Sep 28th, 2020 at 4511.96
The short-term trend has been DOWN since Oct 15th, 2020 at 5346.01
Smart Scan Analysis for SX4050PI
Based on our trend formula, SX4050PI is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).