Index Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
OMX Stockholm Industrial Materials PI (NASDAQ:SX551010PI)
Sidelines Mode (-55) - SX551010PI 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 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 DOWN since Sep 29th, 2021 at 3574.43
The intermediate-term trend has been UP since Oct 19th, 2021 at 3631.30
The short-term trend has been DOWN since Nov 26th, 2021 at 3860.36
Smart Scan Analysis for SX551010PI
Based on our trend formula, SX551010PI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).