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Index Trend Analysis Report

Prepared for you on Tuesday, August 16, 2022.

OMX Stockholm Electronic and Electrical Equipment PI (NASDAQ:SX502020PI)

Strong Uptrend (+100) - SX502020PI is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SX502020PI continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.

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.

NASDAQ_SX502020PI
Open High Low SX502020PI Price Change
5049.34 5049.34 5049.34 5049.34 +35.04
Entry Signal

MarketClub’s Trade Triangles for SX502020PI

long term up The long-term trend has been UP since Aug 16th, 2022 at 4980.80

intermediate term up The intermediate-term trend has been UP since Jul 7th, 2022 at 4379.93

short term up The short-term trend has been UP since Aug 11th, 2022 at 4916.19

Smart Scan Analysis for SX502020PI

Based on our trend formula, SX502020PI is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for SX502020PI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5049.34 5049.34 5049.34 5049.34 +35.04
Prev. Close Volume Bid Ask Time
5014.30 0 2022-08-16 11:35:00
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