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Index Trend Analysis Report

Prepared for you on Thursday, March 28, 2024.

OMX Stockholm Consumer Discretionary GI (NASDAQ:SX40GI)

Long-Term Uptrend (+90) - SX40GI is in a strong uptrend that is likely to continue. While SX40GI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

NASDAQ_SX40GI
Open High Low SX40GI Price Change
1322.34 1329.39 1315.03 1323.02 +9.92
Entry Signal

MarketClub’s Trade Triangles for SX40GI

long term up The long-term trend has been UP since Dec 15th, 2023 at 1232.87

intermediate term up The intermediate-term trend has been UP since Mar 14th, 2024 at 1225.57

short term up The short-term trend has been UP since Mar 20th, 2024 at 1233.61

Smart Scan Analysis for SX40GI

Based on our trend formula, SX40GI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for SX40GI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1322.34 1329.39 1315.03 1323.02 +9.92
Prev. Close Volume Bid Ask Time
1313.10 0 2024-03-28 10:57:00
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