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Index Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
OMX Baltic Industrials PI (NASDAQ:B50PI)
Bear Market Rally (-75) - B50PI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on B50PI as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid B50PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for B50PI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for B50PI
The long-term trend has been DOWN since Jun 7th, 2024 at 1058.79
The intermediate-term trend has been UP since Jul 8th, 2024 at 1058.18
The short-term trend has been DOWN since Jul 22nd, 2024 at 1067.88
Smart Scan Analysis for B50PI
Based on our trend formula, B50PI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1056.22 | 1058.01 | 1051.40 | 1053.77 | -3.87 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1057.64 | 0 | 2024-07-26 09:02:00 |