Free Daily Analysis
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.
|
|||||||||||||||
|
|||||||||||||||
MarketClub’s Trade Triangles for B55PI
The long-term trend has been DOWN since Oct 1st, 2021 at 1298.04
The intermediate-term trend has been DOWN since May 9th, 2022 at 1221.21
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).
| 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 |