Index Trend Analysis Report
Prepared for you on Thursday, July 16, 2020.
OMX Stockholm Food & Drug Retailers PI (NASDAQ:SX5330PI)
Countertrend Up (+85) - SX5330PI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SX5330PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX5330PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX5330PI
The long-term trend has been UP since Apr 6th, 2020 at 4296.56
The intermediate-term trend has been UP since May 29th, 2020 at 4259.97
The short-term trend has been UP since Jul 8th, 2020 at 4214.10
Smart Scan Analysis for SX5330PI
Based on our trend formula, SX5330PI is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||3260.96||52wk High Date||2018-11-28|
|52wk Low||2804.82||52wk Low Date||2018-10-24|