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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
OMX Stockholm Food, Beverage and Tobacco GI (NASDAQ:SX4510GI)
Sidelines Mode (+55) - SX4510GI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SX4510GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX4510GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SX4510GI
The long-term trend has been UP since Oct 10th, 2023 at 5925.48
The intermediate-term trend has been DOWN since Jul 18th, 2024 at 8605.73
The short-term trend has been UP since Jul 23rd, 2024 at 8624.28
Smart Scan Analysis for SX4510GI
Based on our trend formula, SX4510GI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8625.82 | 8763.77 | 8625.82 | 8749.80 | +125.34 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8624.46 | 0 | 2024-07-26 11:31:00 |