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Index Trend Analysis Report

Prepared for you on Friday, January 28, 2022.

OMX Stockholm Basic Resources GI (NASDAQ:SX5510GI)

Sidelines Mode (+55) - SX5510GI 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 SX5510GI?

MarketClub looks at technical strength and momentum to determine if the timing is right for SX5510GI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SX5510GI
Open High Low SX5510GI Price Change
3403.43 3430.04 3368.50 3381.08 +12.22
Entry Signal

MarketClub’s Trade Triangles for SX5510GI

long term up The long-term trend has been UP since Dec 7th, 2021 at 3258.85

intermediate term down The intermediate-term trend has been DOWN since Jan 24th, 2022 at 3345.89

short term up The short-term trend has been UP since Jan 28th, 2022 at 3371.60

Smart Scan Analysis for SX5510GI

Based on our trend formula, SX5510GI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for SX5510GI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3403.43 3430.04 3368.50 3381.08 +12.22
Prev. Close Volume Bid Ask Time
3368.86 0 2022-01-28 04:19:00
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