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Index Trend Analysis Report

Prepared for you on Wednesday, May 31, 2023.

OMX Stockholm Alternative Energy PI (NASDAQ:SX601020PI)

Strong Downtrend (-100) - SX601020PI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SX601020PI continues to fall. Traders should use caution and set stops.

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.

NASDAQ_SX601020PI
Open High Low SX601020PI Price Change
2985.91 2985.91 2985.91 2985.91 -65.64
Entry Signal

MarketClub’s Trade Triangles for SX601020PI

long term down The long-term trend has been DOWN since Feb 22nd, 2023 at 3450.66

intermediate term down The intermediate-term trend has been DOWN since May 3rd, 2023 at 3452.98

short term down The short-term trend has been DOWN since May 30th, 2023 at 3128.98

Smart Scan Analysis for SX601020PI

Based on our trend formula, SX601020PI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for SX601020PI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2985.91 2985.91 2985.91 2985.91 -65.64
Prev. Close Volume Bid Ask Time
3051.55 0 2023-05-31 11:35:00
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