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Index Trend Analysis Report
Prepared for you on Tuesday, April 23, 2024.
OMX Stockholm Industrials PI (NASDAQ:SX50PI)
Crossroads (-60) - SX50PI 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 SX50PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX50PI.
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 SX50PI
The long-term trend has been UP since Nov 23rd, 2023 at 3277.68
The intermediate-term trend has been DOWN since Apr 11th, 2024 at 3766.19
The short-term trend has been DOWN since Apr 19th, 2024 at 3756.37
Smart Scan Analysis for SX50PI
Based on our trend formula, SX50PI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3736.31 | 3778.70 | 3725.49 | 3776.52 | +48.78 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3727.74 | 0 | 2024-04-23 11:34:00 |