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Index Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
OMX Iceland Industrials GI (NASDAQ:IX50GI)
Sidelines Mode (+55) - IX50GI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
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.
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MarketClub’s Trade Triangles for IX50GI
The long-term trend has been UP since Jan 19th, 2024 at 3860.36
The intermediate-term trend has been UP since Apr 2nd, 2024 at 3715.87
The short-term trend has been DOWN since Apr 11th, 2024 at 3791.21
Smart Scan Analysis for IX50GI
Based on our trend formula, IX50GI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3755.87 | 3795.95 | 3727.21 | 3727.21 | -28.66 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3755.87 | 0 | 2024-04-19 11:34:00 |