Index Trend Analysis Report

Prepared for you on Wednesday, May 1, 2024.

OMX Iceland Health Care GI (NASDAQ:IX20GI)

Bull Market Weakness (+75) - IX20GI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IX20GI as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid IX20GI?

MarketClub looks at technical strength and momentum to determine if the timing is right for IX20GI.

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

Open	High	Low	IX20GI Price	Change
1593.35	1661.39	1593.35	1647.07	+53.72
Entry Signal

MarketClub’s Trade Triangles for IX20GI

The long-term trend has been DOWN since Apr 3rd, 2024 at 1240.90

The intermediate-term trend has been UP since Apr 24th, 2024 at 1530.31

The short-term trend has been UP since Apr 15th, 2024 at 1332.08

Smart Scan Analysis for IX20GI

Based on our trend formula, IX20GI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
1593.35	1661.39	1593.35	1647.07	+53.72
Prev. Close	Volume	Bid	Ask	Time
1647.07	0			2024-04-30 11:33:00

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