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Index Trend Analysis Report
Prepared for you on Thursday, January 2, 2025.
OMX Stockholm Basic Resources GI (NASDAQ:SX5510GI)
Bear Market Rally (-75) - SX5510GI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SX5510GI as it may be in the beginning of a reversal.
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.
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MarketClub’s Trade Triangles for SX5510GI
The long-term trend has been DOWN since Jul 19th, 2024 at 3640.60
The intermediate-term trend has been DOWN since Dec 19th, 2024 at 3398.62
The short-term trend has been UP since Dec 27th, 2024 at 3376.80
Smart Scan Analysis for SX5510GI
Based on our trend formula, SX5510GI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3397.03 | 3430.39 | 3384.43 | 3416.25 | +41.36 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3374.89 | 0 | 2025-01-02 11:33:00 |