Index Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
OMX Stockholm Personal Care, Drug and Grocery Stores PI (NASDAQ:SX4520PI)
Long-Term Uptrend (+90) - SX4520PI is in a strong uptrend that is likely to continue. While SX4520PI 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 SX4520PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX4520PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX4520PI
The long-term trend has been UP since Dec 2nd, 2022 at 1009.29
The intermediate-term trend has been UP since Mar 16th, 2023 at 1054.83
The short-term trend has been UP since Mar 15th, 2023 at 1027.82
Smart Scan Analysis for SX4520PI
Based on our trend formula, SX4520PI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).