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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

OMX Stockholm Industrial Engineering PI (NASDAQ:SX502040PI)

Weak Downtrend (-65) - SX502040PI is showing signs of a strengthening downtrend. Monitor SX502040PI as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SX502040PI?

MarketClub looks at technical strength and momentum to determine if the timing is right for SX502040PI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SX502040PI
Open High Low SX502040PI Price Change
3235.12 3235.12 3235.12 3235.12 +29.11
Entry Signal

MarketClub’s Trade Triangles for SX502040PI

long term up The long-term trend has been UP since Nov 17th, 2023 at 2867.11

intermediate term down The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 3290.49

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 3316.43

Smart Scan Analysis for SX502040PI

Based on our trend formula, SX502040PI is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for SX502040PI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3235.12 3235.12 3235.12 3235.12 +29.11
Prev. Close Volume Bid Ask Time
3206.01 0 2024-04-23 11:35:00
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