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Index Trend Analysis Report

Prepared for you on Thursday, January 2, 2025.

OMX Stockholm Basic Materials GI (NASDAQ:SX55GI)

Bear Market Rally (-75) - SX55GI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SX55GI as it may be in the beginning of a reversal.

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
3592.05 3627.31 3578.74 3612.36 +43.73
Entry Signal

MarketClub’s Trade Triangles for SX55GI

long term down The long-term trend has been DOWN since Jul 19th, 2024 at 3851.38

intermediate term down The intermediate-term trend has been DOWN since Dec 19th, 2024 at 3587.77

short term up The short-term trend has been UP since Dec 27th, 2024 at 3570.75

Smart Scan Analysis for SX55GI

Based on our trend formula, SX55GI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for SX55GI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3592.05 3627.31 3578.74 3612.36 +43.73
Prev. Close Volume Bid Ask Time
3568.63 0 2025-01-02 11:33:00
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