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Index Trend Analysis Report
Prepared for you on Tuesday, March 28, 2023.
OMX Stockholm Basic Materials GI (NASDAQ:SX55GI)
Sidelines Mode (+55) - SX55GI 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 SX55GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX55GI.
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 SX55GI
The long-term trend has been UP since Nov 11th, 2022 at 3489.68
The intermediate-term trend has been DOWN since Feb 24th, 2023 at 3681.34
The short-term trend has been UP since Mar 28th, 2023 at 3581.28
Smart Scan Analysis for SX55GI
Based on our trend formula, SX55GI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3595.88 | 3600.89 | 3560.84 | 3580.88 | +34.48 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3546.40 | 0 | 2023-03-28 11:12:00 |