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Index Trend Analysis Report

Prepared for you on Thursday, August 18, 2022.

OMX Baltic Basic Resources GI (NASDAQ:B5510GI)

Countertrend Down (-85) - B5510GI is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid B5510GI?

MarketClub looks at technical strength and momentum to determine if the timing is right for B5510GI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_B5510GI
Open High Low B5510GI Price Change
1906.04 1906.04 1906.04 1906.04 -9.48
Entry Signal

MarketClub’s Trade Triangles for B5510GI

long term down The long-term trend has been DOWN since Oct 5th, 2021 at 2279.50

intermediate term down The intermediate-term trend has been DOWN since Jul 15th, 2022 at 1982.34

short term up The short-term trend has been UP since Aug 17th, 2022 at 1910.41

Smart Scan Analysis for B5510GI

Based on our trend formula, B5510GI is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for B5510GI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1906.04 1906.04 1906.04 1906.04 -9.48
Prev. Close Volume Bid Ask Time
1915.52 0 2022-08-18 09:05:00
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