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Index Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

OMX Stockholm Basic Resources PI (NASDAQ:SX5510PI)

Bull Market Weakness (+75) - SX5510PI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SX5510PI as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid SX5510PI?

MarketClub looks at technical strength and momentum to determine if the timing is right for SX5510PI.

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

NASDAQ_SX5510PI
Open High Low SX5510PI Price Change
2622.82 2625.30 2595.78 2597.61 -19.74
Entry Signal

MarketClub’s Trade Triangles for SX5510PI

long term up The long-term trend has been UP since Nov 14th, 2023 at 2398.33

intermediate term up The intermediate-term trend has been UP since Feb 8th, 2024 at 2439.39

short term down The short-term trend has been DOWN since Mar 28th, 2024 at 2603.50

Smart Scan Analysis for SX5510PI

Based on our trend formula, SX5510PI is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for SX5510PI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2622.82 2625.30 2595.78 2597.61 -19.74
Prev. Close Volume Bid Ask Time
2597.61 0 2024-03-28 12:34:00
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