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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

OMX Stockholm Alternative Energy GI (NASDAQ:SX601020GI)

Long-Term Downtrend (-90) - SX601020GI is in a strong downtrend that is likely to continue. While SX601020GI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SX601020GI?

MarketClub looks at technical strength and momentum to determine if the timing is right for SX601020GI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_SX601020GI
Open High Low SX601020GI Price Change
3303.93 3303.93 3303.93 3303.93 +60.06
Entry Signal

MarketClub’s Trade Triangles for SX601020GI

long term down The long-term trend has been DOWN since Feb 20th, 2024 at 3568.07

intermediate term down The intermediate-term trend has been DOWN since Apr 11th, 2024 at 3652.81

short term down The short-term trend has been DOWN since Apr 9th, 2024 at 3798.32

Smart Scan Analysis for SX601020GI

Based on our trend formula, SX601020GI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SX601020GI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3303.93 3303.93 3303.93 3303.93 +60.06
Prev. Close Volume Bid Ask Time
3243.87 0 2024-04-23 11:35:00
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