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Index Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
OMX Baltic Basic Materials GI (NASDAQ:B55GI)
Sidelines Mode (+55) - B55GI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid B55GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for B55GI.
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 B55GI
The long-term trend has been UP since Dec 18th, 2023 at 1905.84
The intermediate-term trend has been DOWN since Apr 15th, 2024 at 2125.02
The short-term trend has been UP since Apr 26th, 2024 at 2067.84
Smart Scan Analysis for B55GI
Based on our trend formula, B55GI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2058.31 | 2077.37 | 2048.78 | 2077.37 | +19.06 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2058.31 | 0 | 2024-04-26 06:57:00 |