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Index Trend Analysis Report

Prepared for you on Monday, May 6, 2024.

OMX Iceland Health Care PI (NASDAQ:IX20PI)

Crossroads (+60) - IX20PI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid IX20PI?

MarketClub looks at technical strength and momentum to determine if the timing is right for IX20PI.

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

NASDAQ_IX20PI
Open High Low IX20PI Price Change
1592.23 1594.38 1569.53 1570.07 -22.16
Entry Signal

MarketClub’s Trade Triangles for IX20PI

long term down The long-term trend has been DOWN since Apr 3rd, 2024 at 1222.66

intermediate term up The intermediate-term trend has been UP since Apr 24th, 2024 at 1507.81

short term up The short-term trend has been UP since Apr 15th, 2024 at 1312.50

Smart Scan Analysis for IX20PI

Based on our trend formula, IX20PI is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for IX20PI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1592.23 1594.38 1569.53 1570.07 -22.16
Prev. Close Volume Bid Ask Time
1570.07 0 2024-05-03 11:32:00
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