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Index Trend Analysis Report

Prepared for you on Thursday, December 1, 2022.

OMX Baltic Basic Resources PI (NASDAQ:B5510PI)

Bear Market Rally (-75) - B5510PI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on B5510PI as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid B5510PI?

MarketClub looks at technical strength and momentum to determine if the timing is right for B5510PI.

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

NASDAQ_B5510PI
Open High Low B5510PI Price Change
1416.39 1416.39 1416.39 1416.39 -7.91
Entry Signal

MarketClub’s Trade Triangles for B5510PI

long term down The long-term trend has been DOWN since Oct 5th, 2021 at 1808.25

intermediate term up The intermediate-term trend has been UP since Oct 6th, 2022 at 1316.00

short term down The short-term trend has been DOWN since Nov 24th, 2022 at 1443.39

Smart Scan Analysis for B5510PI

Based on our trend formula, B5510PI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for B5510PI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1416.39 1416.39 1416.39 1416.39 -7.91
Prev. Close Volume Bid Ask Time
1416.39 0 2022-11-30 09:05:00
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