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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

OMX Stockholm Energy GI (NASDAQ:SX60GI)

Long-Term Downtrend (-90) - SX60GI is in a strong downtrend that is likely to continue. While SX60GI 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 SX60GI?

MarketClub looks at technical strength and momentum to determine if the timing is right for SX60GI.

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NASDAQ_SX60GI
Open High Low SX60GI Price Change
2124.03 2158.92 2117.29 2149.22 +14.88
Entry Signal

MarketClub’s Trade Triangles for SX60GI

long term down The long-term trend has been DOWN since Feb 20th, 2024 at 2080.53

intermediate term down The intermediate-term trend has been DOWN since Apr 16th, 2024 at 2173.91

short term down The short-term trend has been DOWN since Apr 10th, 2024 at 2290.03

Smart Scan Analysis for SX60GI

Based on our trend formula, SX60GI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for SX60GI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2124.03 2158.92 2117.29 2149.22 +14.88
Prev. Close Volume Bid Ask Time
2134.34 0 2024-04-23 11:34:00
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