Index Trend Analysis Report
Prepared for you on Sunday, November 28, 2021.
OMX Stockholm Tobacco PI (NASDAQ:SX451030PI)
Bear Market Rally (-75) - SX451030PI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SX451030PI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SX451030PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX451030PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX451030PI
The long-term trend has been DOWN since Nov 1st, 2021 at 3563.41
The intermediate-term trend has been DOWN since Oct 28th, 2021 at 3578.50
The short-term trend has been UP since Nov 26th, 2021 at 3118.34
Smart Scan Analysis for SX451030PI
Based on our trend formula, SX451030PI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).