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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

OMX Stockholm Industrial Goods and Services GI (NASDAQ:SX5020GI)

Crossroads (-60) - SX5020GI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid SX5020GI?

MarketClub looks at technical strength and momentum to determine if the timing is right for SX5020GI.

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

NASDAQ_SX5020GI
Open High Low SX5020GI Price Change
5501.12 5568.86 5485.05 5559.91 +64.17
Entry Signal

MarketClub’s Trade Triangles for SX5020GI

long term up The long-term trend has been UP since Nov 15th, 2023 at 4628.98

intermediate term down The intermediate-term trend has been DOWN since Apr 19th, 2024 at 5531.52

short term down The short-term trend has been DOWN since Apr 19th, 2024 at 5547.73

Smart Scan Analysis for SX5020GI

Based on our trend formula, SX5020GI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for SX5020GI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5501.12 5568.86 5485.05 5559.91 +64.17
Prev. Close Volume Bid Ask Time
5495.74 0 2024-04-23 11:34:00
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