Index Trend Analysis Report
Prepared for you on Friday, March 5, 2021.
OMX Stockholm Consumer Staples PI (NASDAQ:SX45PI)
Sidelines Mode (-55) - SX45PI 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 SX45PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX45PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX45PI
The long-term trend has been DOWN since Oct 26th, 2020 at 980.46
The intermediate-term trend has been DOWN since Feb 19th, 2021 at 935.85
The short-term trend has been UP since Mar 1st, 2021 at 937.99
Smart Scan Analysis for SX45PI
Based on our trend formula, SX45PI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).