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Index Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
OMX Iceland Financials PI (NASDAQ:IX30PI)
Sidelines Mode (+55) - IX30PI 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 IX30PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for IX30PI.
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 IX30PI
The long-term trend has been UP since Jul 16th, 2020 at 995.51
The intermediate-term trend has been DOWN since Nov 10th, 2021 at 2615.95
The short-term trend has been UP since Dec 1st, 2021 at 2630.34
Smart Scan Analysis for IX30PI
Based on our trend formula, IX30PI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 2585.56 | 2603.01 | 2577.56 | 2601.81 | +16.25 |
| Prev. Close | Volume | Bid | Ask | Time |
| 2585.56 | 0 | 2021-12-06 11:34:00 |