Index Trend Analysis Report
Prepared for you on Friday, December 8, 2023.
OMX Stockholm Industrial Goods and Services GI (NASDAQ:SX5020GI)
Strong Uptrend (+100) - SX5020GI is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SX5020GI 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 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.
MarketClub’s Trade Triangles for SX5020GI
The long-term trend has been UP since Nov 15th, 2023 at 4628.98
The intermediate-term trend has been UP since Nov 9th, 2023 at 4453.54
The short-term trend has been UP since Nov 29th, 2023 at 4701.67
Smart Scan Analysis for SX5020GI
Based on our trend formula, SX5020GI is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).