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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.

NASDAQ_SX55GI
Open High Low SX55GI Price Change
3595.88 3600.89 3560.84 3580.88 +34.48
Entry Signal

MarketClub’s Trade Triangles for SX55GI

long term up The long-term trend has been UP since Nov 11th, 2022 at 3489.68

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2023 at 3681.34

short term up 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).

+55
Smart Scan Analysis for SX55GI
Strong Downtrend Sideways 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
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