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Index Trend Analysis Report
Prepared for you on Wednesday, April 24, 2024.
OMX Iceland Industrials PI (NASDAQ:IX50PI)
Crossroads (-60) - IX50PI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid IX50PI?
MarketClub looks at technical strength and momentum to determine if the timing is right for IX50PI.
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 IX50PI
The long-term trend has been UP since Jan 19th, 2024 at 3348.68
The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 3164.88
The short-term trend has been DOWN since Apr 11th, 2024 at 3252.46
Smart Scan Analysis for IX50PI
Based on our trend formula, IX50PI is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3195.90 | 3209.02 | 3172.98 | 3203.29 | +7.39 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3195.90 | 0 | 2024-04-24 09:41:00 |