Index Trend Analysis Report
Prepared for you on Monday, January 18, 2021.
Ossiam Emerging Market Minimum Variance Index NTR (CME:OEMMVNR)
Countertrend Up (+85) - OEMMVNR 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 OEMMVNR?
MarketClub looks at technical strength and momentum to determine if the timing is right for OEMMVNR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OEMMVNR
The long-term trend has been UP since Jul 6th, 2020 at 128.22
The intermediate-term trend has been UP since Nov 5th, 2020 at 135.21
The short-term trend has been DOWN since Jan 15th, 2021 at 151.14
Smart Scan Analysis for OEMMVNR
Based on our trend formula, OEMMVNR is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||154.3||52wk High Date||2018-01-29|
|52wk Low||132.06||52wk Low Date||2018-10-30|