Index Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
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.
MarketClub’s Trade Triangles for SX502020PI
The long-term trend has been UP since Nov 18th, 2020 at 3591.39
The intermediate-term trend has been UP since Nov 16th, 2020 at 3497.16
The short-term trend has been UP since Feb 2nd, 2021 at 3792.21
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).