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Index Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
OMX Stockholm Basic Materials GI (NASDAQ:SX55GI)
Strong Uptrend (+100) - SX55GI is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, SX55GI continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 14th, 2023 at 3641.78
The intermediate-term trend has been UP since Apr 30th, 2024 at 4087.08
The short-term trend has been UP since Apr 24th, 2024 at 3945.79
Smart Scan Analysis for SX55GI
Based on our trend formula, SX55GI is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 4103.99 | 4131.27 | 4085.97 | 4131.27 | +42.29 |
| Prev. Close | Volume | Bid | Ask | Time |
| 4131.27 | 0 | 2024-05-07 11:34:00 |