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Index Trend Analysis Report

Prepared for you on Saturday, December 21, 2024.

OMX Stockholm Consumer Discretionary PI (NASDAQ:SX40PI)

Long-Term Downtrend (-90) - SX40PI is in a strong downtrend that is likely to continue. While SX40PI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SX40PI?

MarketClub looks at technical strength and momentum to determine if the timing is right for SX40PI.

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NASDAQ_SX40PI
Open High Low SX40PI Price Change
988.05 996.13 977.60 996.13 +2.63
Entry Signal

MarketClub’s Trade Triangles for SX40PI

long term down The long-term trend has been DOWN since Jul 2nd, 2024 at 1110.50

intermediate term down The intermediate-term trend has been DOWN since Dec 19th, 2024 at 993.26

short term down The short-term trend has been DOWN since Dec 12th, 2024 at 1042.85

Smart Scan Analysis for SX40PI

Based on our trend formula, SX40PI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SX40PI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
988.05 996.13 977.60 996.13 +2.63
Prev. Close Volume Bid Ask Time
996.13 0 2024-12-20 11:31:00
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