Index Trend Analysis Report
Prepared for you on Thursday, December 9, 2021.
OMX Iceland Real Estate PI (NASDAQ:IX35PI)
Long-Term Uptrend (+90) - IX35PI is in a strong uptrend that is likely to continue. While IX35PI 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 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 UP since Nov 6th, 2020 at 980.99
The intermediate-term trend has been UP since Oct 5th, 2021 at 1552.72
The short-term trend has been UP since Dec 1st, 2021 at 1685.97
Smart Scan Analysis for IX35PI
Based on our trend formula, IX35PI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).