Index Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
OMX Stockholm Industrial Materials PI (NASDAQ:SX551010PI)
Strong Uptrend (+100) - SX551010PI is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SX551010PI continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid SX551010PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX551010PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX551010PI
The long-term trend has been UP since Oct 9th, 2023 at 3582.28
The intermediate-term trend has been UP since Nov 16th, 2023 at 3692.06
The short-term trend has been UP since Nov 29th, 2023 at 3743.47
Smart Scan Analysis for SX551010PI
Based on our trend formula, SX551010PI is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).