Index Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
OMX Stockholm Alternative Energy PI (NASDAQ:SX601020PI)
Bear Market Rally (-75) - SX601020PI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on SX601020PI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid SX601020PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX601020PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX601020PI
The long-term trend has been DOWN since Jan 21st, 2022 at 5216.67
The intermediate-term trend has been DOWN since Jan 10th, 2022 at 6055.90
The short-term trend has been UP since Jan 27th, 2022 at 5187.82
Smart Scan Analysis for SX601020PI
Based on our trend formula, SX601020PI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).