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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

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.

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NASDAQ_SX5020GI
Open High Low SX5020GI Price Change
5591.49 5626.50 5579.16 5595.70 -14.64
Entry Signal

MarketClub’s Trade Triangles for SX5020GI

long term down The long-term trend has been DOWN since Aug 2nd, 2024 at 5635.72

intermediate term down The intermediate-term trend has been DOWN since Dec 20th, 2024 at 5609.18

short term down The short-term trend has been DOWN since Dec 10th, 2024 at 5897.89

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).

-100
Smart Scan Analysis for SX5020GI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5591.49 5626.50 5579.16 5595.70 -14.64
Prev. Close Volume Bid Ask Time
5595.70 0 2024-12-23 11:32:00
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