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Index Trend Analysis Report

Prepared for you on Tuesday, December 7, 2021.

OMX Iceland Industrials GI (NASDAQ:IX50GI)

Bear Market Rally (-75) - IX50GI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on IX50GI as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid IX50GI?

MarketClub looks at technical strength and momentum to determine if the timing is right for IX50GI.

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

NASDAQ_IX50GI
Open High Low IX50GI Price Change
6067.40 6158.79 6067.40 6136.09 +68.69
Entry Signal

MarketClub’s Trade Triangles for IX50GI

long term down The long-term trend has been DOWN since Oct 21st, 2021 at 6107.45

intermediate term down The intermediate-term trend has been DOWN since Sep 13th, 2021 at 6667.44

short term up The short-term trend has been UP since Dec 6th, 2021 at 6077.30

Smart Scan Analysis for IX50GI

Based on our trend formula, IX50GI is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for IX50GI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
6067.40 6158.79 6067.40 6136.09 +68.69
Prev. Close Volume Bid Ask Time
6067.40 0 2021-12-07 11:34:00
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