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Index Trend Analysis Report
Prepared for you on Wednesday, May 8, 2024.
OMX Stockholm Electricity GI (NASDAQ:SX651010GI)
Countertrend Up (+85) - SX651010GI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid SX651010GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX651010GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SX651010GI
The long-term trend has been UP since Dec 21st, 2023 at 760.40
The intermediate-term trend has been UP since May 6th, 2024 at 663.56
The short-term trend has been UP since May 3rd, 2024 at 658.59
Smart Scan Analysis for SX651010GI
Based on our trend formula, SX651010GI is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 665.86 | 665.86 | 665.86 | 665.86 | +2.30 |
| Prev. Close | Volume | Bid | Ask | Time |
| 695.31 | 0 | 2024-05-06 11:35:00 |