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Index Trend Analysis Report

Prepared for you on Sunday, October 2, 2022.

OMX Stockholm Basic Resources PI (NASDAQ:SX5510PI)

Bear Market Rally (-75) - SX5510PI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SX5510PI as it may be in the beginning 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
2146.91 2189.04 2137.65 2185.70 +49.49
Entry Signal

MarketClub’s Trade Triangles for SX5510PI

long term down The long-term trend has been DOWN since Jun 13th, 2022 at 2398.63

intermediate term down The intermediate-term trend has been DOWN since Sep 2nd, 2022 at 2259.39

short term up The short-term trend has been UP since Sep 30th, 2022 at 2169.91

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
2146.91 2189.04 2137.65 2185.70 +49.49
Prev. Close Volume Bid Ask Time
2185.70 0 2022-09-30 11:34:00
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