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Index Trend Analysis Report
Prepared for you on Tuesday, November 19, 2024.
OMX Iceland Industrials PI (NASDAQ:IX50PI)
Countertrend Up (+85) - IX50PI is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
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 UP since Sep 17th, 2024 at 3320.86
The short-term trend has been DOWN since Nov 19th, 2024 at 3877.31
Smart Scan Analysis for IX50PI
Based on our trend formula, IX50PI is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 3888.77 | 3902.70 | 3865.85 | 3902.70 | +13.93 |
| Prev. Close | Volume | Bid | Ask | Time |
| 3888.77 | 0 | 2024-11-19 11:34:00 |