Index Trend Analysis Report
Prepared for you on Monday, December 4, 2023.
OMX Stockholm Industrial Metals and Mining PI (NASDAQ:SX551020PI)
Countertrend Up (+85) - SX551020PI 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 SX551020PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX551020PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX551020PI
The long-term trend has been UP since Nov 16th, 2023 at 931.91
The intermediate-term trend has been UP since Nov 2nd, 2023 at 909.71
The short-term trend has been UP since Nov 16th, 2023 at 922.32
Smart Scan Analysis for SX551020PI
Based on our trend formula, SX551020PI is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).