Index Trend Analysis Report
Prepared for you on Tuesday, January 26, 2021.
OMX Iceland Real Estate GI (NASDAQ:IX35GI)
Crossroads (-60) - IX35GI 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 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 DOWN since Jan 25th, 2021 at 1335.95
The short-term trend has been DOWN since Jan 22nd, 2021 at 1360.76
Smart Scan Analysis for IX35GI
Based on our trend formula, IX35GI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).