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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

OMX Stockholm Industrials PI (NASDAQ:SX50PI)

Strong Downtrend (-100) - SX50PI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SX50PI continues to fall. Traders should use caution and set stops.

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.

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NASDAQ_SX50PI
Open High Low SX50PI Price Change
3792.40 3815.33 3782.97 3798.03 -6.86
Entry Signal

MarketClub’s Trade Triangles for SX50PI

long term down The long-term trend has been DOWN since Dec 20th, 2024 at 3753.10

intermediate term down The intermediate-term trend has been DOWN since Dec 20th, 2024 at 3803.02

short term down The short-term trend has been DOWN since Dec 10th, 2024 at 3995.88

Smart Scan Analysis for SX50PI

Based on our trend formula, SX50PI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SX50PI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3792.40 3815.33 3782.97 3798.03 -6.86
Prev. Close Volume Bid Ask Time
3798.03 0 2024-12-23 11:32:00
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