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Index Trend Analysis Report

Prepared for you on Thursday, December 26, 2024.

OMX Iceland Real Estate PI (NASDAQ:IX35PI)

Countertrend Up (+85) - IX35PI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid IX35PI?

MarketClub looks at technical strength and momentum to determine if the timing is right for IX35PI.

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

NASDAQ_IX35PI
Open High Low IX35PI Price Change
2110.80 2125.42 2103.02 2125.42 +14.62
Entry Signal

MarketClub’s Trade Triangles for IX35PI

long term up The long-term trend has been UP since Aug 15th, 2024 at 1518.00

intermediate term up The intermediate-term trend has been UP since Aug 1st, 2024 at 1516.84

short term down The short-term trend has been DOWN since Dec 19th, 2024 at 2125.18

Smart Scan Analysis for IX35PI

Based on our trend formula, IX35PI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for IX35PI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2110.80 2125.42 2103.02 2125.42 +14.62
Prev. Close Volume Bid Ask Time
2123.30 0 2024-12-23 10:28:00
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