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Index Trend Analysis Report
Prepared for you on Thursday, April 18, 2024.
OMX Stockholm Industrial Transportation PI (NASDAQ:SX502060PI)
Sidelines Mode (+55) - SX502060PI 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 SX502060PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX502060PI.
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 SX502060PI
The long-term trend has been UP since Jun 13th, 2023 at 960.86
The intermediate-term trend has been DOWN since Mar 28th, 2024 at 1306.98
The short-term trend has been UP since Apr 17th, 2024 at 1281.63
Smart Scan Analysis for SX502060PI
Based on our trend formula, SX502060PI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1287.07 | 1287.07 | 1287.07 | 1287.07 | +24.53 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1287.07 | 0 | 2024-04-17 11:35:00 |