Index Trend Analysis Report
Prepared for you on Saturday, July 2, 2022.
OMX Stockholm Industrial Goods and Services GI (NASDAQ:SX5020GI)
Strong Downtrend (-100) - SX5020GI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SX5020GI continues to fall. Traders should use caution and set stops.
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 DOWN since Feb 14th, 2022 at 3884.94
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 3469.67
The short-term trend has been DOWN since Jun 30th, 2022 at 3254.16
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).