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Index Trend Analysis Report

Prepared for you on Monday, May 16, 2022.

OMX Baltic Basic Materials PI (NASDAQ:B55PI)

Strong Downtrend (-100) - B55PI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, B55PI continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid B55PI?

MarketClub looks at technical strength and momentum to determine if the timing is right for B55PI.

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

NASDAQ_B55PI
Open High Low B55PI Price Change
1188.25 1188.25 1183.04 1185.65 -2.60
Entry Signal

MarketClub’s Trade Triangles for B55PI

long term down The long-term trend has been DOWN since Oct 1st, 2021 at 1298.04

intermediate term down The intermediate-term trend has been DOWN since May 9th, 2022 at 1221.21

short term down The short-term trend has been DOWN since May 5th, 2022 at 1224.29

Smart Scan Analysis for B55PI

Based on our trend formula, B55PI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for B55PI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1188.25 1188.25 1183.04 1185.65 -2.60
Prev. Close Volume Bid Ask Time
1188.25 0 2022-05-16 09:03:00
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