Index Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
OMX Baltic Food, Beverage and Tobacco GI (NASDAQ:B4510GI)
Countertrend Up (+85) - B4510GI 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 B4510GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for B4510GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for B4510GI
The long-term trend has been UP since Jul 22nd, 2020 at 1739.75
The intermediate-term trend has been UP since Apr 6th, 2021 at 2057.37
The short-term trend has been UP since Apr 6th, 2021 at 2053.62
Smart Scan Analysis for B4510GI
Based on our trend formula, B4510GI is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).