Index Trend Analysis Report
Prepared for you on Sunday, September 26, 2021.
OMX Stockholm Consumer Discretionary GI (NASDAQ:SX40GI)
Bear Market Rally (-75) - SX40GI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SX40GI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SX40GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX40GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX40GI
The long-term trend has been DOWN since Jul 20th, 2021 at 1578.58
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 1609.15
The short-term trend has been UP since Sep 23rd, 2021 at 1619.95
Smart Scan Analysis for SX40GI
Based on our trend formula, SX40GI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).