Index Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
OMX Stockholm Industrial Materials GI (NASDAQ:SX551010GI)
Sidelines Mode (-55) - SX551010GI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SX551010GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX551010GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX551010GI
The long-term trend has been DOWN since Sep 29th, 2021 at 4879.95
The intermediate-term trend has been UP since Oct 19th, 2021 at 4959.28
The short-term trend has been DOWN since Nov 26th, 2021 at 5272.11
Smart Scan Analysis for SX551010GI
Based on our trend formula, SX551010GI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).