Index Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
OMX Stockholm Precious Metals and Mining PI (NASDAQ:SX551030PI)
Strong Downtrend (-100) - SX551030PI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid SX551030PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX551030PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX551030PI
The long-term trend has been DOWN since Aug 12th, 2020 at 1625.94
The intermediate-term trend has been DOWN since Oct 20th, 2020 at 1480.64
The short-term trend has been DOWN since Nov 18th, 2020 at 1420.32
Smart Scan Analysis for SX551030PI
Based on our trend formula, SX551030PI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).