Index Trend Analysis Report
Prepared for you on Friday, September 22, 2023.
OMX Baltic Food, Beverage and Tobacco GI (NASDAQ:B4510GI)
Strong Downtrend (-100) - B4510GI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, B4510GI continues to fall. Traders should use caution and set stops.
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 DOWN since Jun 1st, 2023 at 2613.62
The intermediate-term trend has been DOWN since Aug 28th, 2023 at 2453.48
The short-term trend has been DOWN since Aug 23rd, 2023 at 2462.18
Smart Scan Analysis for B4510GI
Based on our trend formula, B4510GI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).