Index Trend Analysis Report

Prepared for you on Thursday, April 18, 2024.

OMX Iceland Consumer Discretionary GI (NASDAQ:IX40GI)

Bull Market Weakness (+75) - IX40GI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on IX40GI as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid IX40GI?

MarketClub looks at technical strength and momentum to determine if the timing is right for IX40GI.

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

Open	High	Low	IX40GI Price	Change
1376.59	1393.49	1376.59	1391.72	+17.94
Entry Signal

MarketClub’s Trade Triangles for IX40GI

The long-term trend has been UP since Jan 8th, 2024 at 1497.18

The intermediate-term trend has been DOWN since Feb 14th, 2024 at 1488.42

The short-term trend has been UP since Apr 17th, 2024 at 1393.24

Smart Scan Analysis for IX40GI

Based on our trend formula, IX40GI is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
1376.59	1393.49	1376.59	1391.72	+17.94
Prev. Close	Volume	Bid	Ask	Time
1391.72	0			2024-04-17 11:33:00

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