Index Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
OMX Stockholm Utilities PI (NASDAQ:SX65PI)
Crossroads (-60) - SX65PI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SX65PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for SX65PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SX65PI
The long-term trend has been UP since Apr 7th, 2022 at 626.69
The intermediate-term trend has been DOWN since May 5th, 2022 at 602.58
The short-term trend has been DOWN since May 25th, 2022 at 515.81
Smart Scan Analysis for SX65PI
Based on our trend formula, SX65PI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).