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Index Trend Analysis Report

Prepared for you on Wednesday, May 8, 2024.

OMX Iceland Consumer Staples PI (NASDAQ:IX45PI)

Countertrend Down (-85) - IX45PI is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.

Is it time to buy, sell, or avoid IX45PI?

MarketClub looks at technical strength and momentum to determine if the timing is right for IX45PI.

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

NASDAQ_IX45PI
Open High Low IX45PI Price Change
1983.15 2000.90 1975.74 1987.73 +4.58
Entry Signal

MarketClub’s Trade Triangles for IX45PI

long term down The long-term trend has been DOWN since Apr 3rd, 2024 at 1984.69

intermediate term down The intermediate-term trend has been DOWN since Feb 13th, 2024 at 2095.41

short term up The short-term trend has been UP since May 8th, 2024 at 1985.48

Smart Scan Analysis for IX45PI

Based on our trend formula, IX45PI is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-85
Smart Scan Analysis for IX45PI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1983.15 2000.90 1975.74 1987.73 +4.58
Prev. Close Volume Bid Ask Time
1983.15 0 2024-05-08 11:34:00
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