Index Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
OMX Iceland Real Estate GI (NASDAQ:IX35GI)
Long-Term Uptrend (+90) - IX35GI is in a strong uptrend that is likely to continue. While IX35GI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid IX35GI?
MarketClub looks at technical strength and momentum to determine if the timing is right for IX35GI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for IX35GI
The long-term trend has been UP since Nov 6th, 2020 at 980.99
The intermediate-term trend has been UP since Oct 5th, 2021 at 1569.43
The short-term trend has been UP since Dec 1st, 2021 at 1704.11
Smart Scan Analysis for IX35GI
Based on our trend formula, IX35GI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).