Index Trend Analysis Report
Prepared for you on Saturday, April 1, 2023.
OMX Iceland Real Estate PI (NASDAQ:IX35PI)
Bull Market Weakness (+75) - IX35PI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IX35PI as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for IX35PI
The long-term trend has been DOWN since Sep 1st, 2022 at 1820.16
The intermediate-term trend has been UP since Mar 23rd, 2023 at 1519.56
The short-term trend has been UP since Mar 23rd, 2023 at 1514.81
Smart Scan Analysis for IX35PI
Based on our trend formula, IX35PI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).