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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
OMX Stockholm Electronic and Electrical Equipment PI (NASDAQ:SX502020PI)
Countertrend Up (+85) - SX502020PI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SX502020PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX502020PI.
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 SX502020PI
The long-term trend has been UP since Dec 1st, 2023 at 6598.66
The intermediate-term trend has been UP since Apr 23rd, 2024 at 7611.87
The short-term trend has been UP since Apr 23rd, 2024 at 7611.87
Smart Scan Analysis for SX502020PI
Based on our trend formula, SX502020PI is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8049.62 | 8049.62 | 8049.62 | 8049.62 | +149.31 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8049.62 | 0 | 2024-04-25 11:35:00 |