OMX STOCKHOLM 30

OMXS30

- SEK (-)

- 15 min delayed data - NASDAQ EU Indices

Open:	-
Change:	-
Volume:	-

Low:	-
High:	-
High / Low range:	-

Type:	Indices
Ticker:	OMXS30
ISIN:

OMX STOCKHOLM 30 - Daily - Technical analysis published on 07/10/2023 (GMT)

Londinia

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Timeframe : Daily
- Analysis generated on
Status : LEVEL MAINTAINED

Summary of the analysis

Trends

Short term: Strongly bearish

Underlying: Neutral

Technical indicators

17%

50%

33%

My opinion

Bearish under 2,294.52 SEK

My targets

2,159.71 SEK (-3.84%)

2,087.81 SEK (-7.04%)

My analysis

The current short-term bearish trend is expected to quickly fix the basic bearish trend. To avoid contradicting the short term, it would be possible to favour short positions (for sale) for OMX STOCKHOLM 30 as long as the price remains well below 2,294.52 SEK. The sellers' bearish objective is set at 2,159.71 SEK. A bearish break of this support would revive the bearish momentum. The sellers could then target the support located at 2,087.81 SEK. If there is any crossing, the next objective would be the support located at 1,900.28 SEK.

In the very short term, the general bearish sentiment is confirmed by technical indicators. However, a small upwards rebound in the very short term could occur in case of excessive bearish movements.

Force

2.1

Comment on the analysis

Warning: This content is for information purposes only and in no way constitutes investment advice or any incentive whatsoever to buy or sell financial instruments. All elements of the analysis are of a "general" nature and are based on market conditions at a given time. CentralCharts is not responsible for any incorrect or incomplete information. Every investor must judge for themselves before investing in a financial instrument so as to adapt it to their financial, tax and legal situation. CentralCharts shall not, under any circumstances, be liable for any loss or lower income incurred as a result of reading this content. Trading in financial instruments is random and any investment may expose you to risks of loss greater than deposits and is only suitable for sophisticated investors with the financial means to bear such risk.

This analysis was given by Londinia. Take part yourself by sharing additional analysis on another time unit:

Additional analysis

Quotes

The OMX STOCKHOLM 30 rating is 2,245.96 SEK. The price is lower by -0.01% since the last closing and was between 2,228.70 SEK and 2,247.93 SEK. This implies that the price is at +0.77% from its lowest and at -0.09% from its highest.

2,228.70

2,247.93

2,245.96

The Central Gaps scanner detects a bearish opening. A small advantage for sellers in the very short term.

Bearish opening

Type : Bearish

Timeframe : Openning

A study of price movements over other periods shows the following variations:

The Central Records scanner for higher/lower results shows the following items:

Near a new HIGH record (1 year)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1st january)

Type : Bullish

Timeframe : Weekly

Near a new HIGH record (1 month)

Type : Bullish

Timeframe : Weekly

Technical

Technical analysis of OMX STOCKHOLM 30 in Daily shows a neutral overall trend. The strong bearish signals currently being given by short-term moving averages could allow the overall trend to return to a bearish trend. The Central Indicators scanner does not detect any result on moving averages that would impact this trend.

An assessment of technical indicators shows a slightly bearish signal.
Central Indicators, the scanner specialised in technical indicators, has identified this signal:

Price is back over the pivot point

Type : Bullish

Timeframe : Daily

Central Patterns, the scanner specializing in chart patterns, did not identify any signals.

The Central Candlesticks scanner, specialised in Japanese candlesticks, did not identify any signals.

ProTrendLines

Price

	S3	S2	S1	Price	R1	R2
ProTrendLines	1,900.28	2,087.81	2,235.79	2,245.96	2,294.52	2,456.17
Change (%)	-15.39%	-7.04%	-0.45%	-	+2.16%	+9.36%
Change	-345.68	-158.15	-10.17	-	+48.56	+210.21
Level	Major	Major	Major	-	Major	Major

Pivot points can also be used to set your price objectives. Here is the price situation in relation to pivot points:

Daily

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,203.44	2,215.38	2,230.79	2,242.73	2,258.14	2,270.08	2,285.49
Camarilla	2,238.67	2,241.18	2,243.68	2,246.19	2,248.70	2,251.20	2,253.71
Woodie	2,205.17	2,216.25	2,232.52	2,243.60	2,259.87	2,270.95	2,287.22
Fibonacci	2,215.38	2,225.83	2,232.29	2,242.73	2,253.18	2,259.64	2,270.08

Weekly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,121.22	2,174.28	2,210.23	2,263.29	2,299.24	2,352.30	2,388.25
Camarilla	2,221.71	2,229.87	2,238.03	2,246.19	2,254.35	2,262.51	2,270.67
Woodie	2,112.68	2,170.00	2,201.69	2,259.01	2,290.70	2,348.02	2,379.71
Fibonacci	2,174.28	2,208.28	2,229.29	2,263.29	2,297.29	2,318.30	2,352.30

Monthly

Pivot points	S3	S2	S1	PP	R1	R2	R3
Standard	2,114.06	2,159.71	2,234.81	2,280.46	2,355.56	2,401.21	2,476.31
Camarilla	2,276.69	2,287.76	2,298.83	2,309.90	2,320.97	2,332.04	2,343.11
Woodie	2,128.78	2,167.07	2,249.53	2,287.82	2,370.28	2,408.57	2,491.03
Fibonacci	2,159.71	2,205.84	2,234.34	2,280.46	2,326.59	2,355.09	2,401.21

Numerical data

The following is the status of technical indicators and moving averages registered at the time this technical analysis was created:

Technical indicators

Moving averages

RSI (14):	42.97
MACD (12,26,9):	-3.4100
Directional Movement:	-12.76
AROON (14):	35.72
DEMA (21):	2,269.06
Parabolic SAR (0,02-0,02-0,2):	2,227.33
Elder Ray (13):	-29.37
Super Trend (3,10):	2,226.60
Zig ZAG (10):	2,242.88
VORTEX (21):	0.8000
Stochastique (14,3,5):	32.90
TEMA (21):	2,257.87
Williams %R (14):	-65.66
Chande Momentum Oscillator (20):	-22.39
Repulse (5,40,3):	0.0400
ROCnROLL:	2
TRIX (15,9):	0.0100
Courbe Coppock:	2.63

MA7:	2,272.74
MA20:	2,278.93
MA50:	2,264.88
MA100:	2,234.61
MAexp7:	2,260.80
MAexp20:	2,270.25
MAexp50:	2,260.85
MAexp100:	2,230.15
Price / MA7:	-1.18%
Price / MA20:	-1.45%
Price / MA50:	-0.84%
Price / MA100:	+0.51%
Price / MAexp7:	-0.66%
Price / MAexp20:	-1.07%
Price / MAexp50:	-0.66%
Price / MAexp100:	+0.71%

Quotes : - 15 min delayed data - NASDAQ EU Indices

This member declared not having a position on this financial instrument or a related financial instrument.

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