Index Trend Analysis Report
Prepared for you on Sunday, September 15, 2019.
OMX Iceland Financials GI (NASDAQ:IX8000GI)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for IX8000GI
The long term trend has been DOWN since Aug 15th, 2019 at 1598.85
The intermediate term trend has been UP since Sep 9th, 2019 at 1574.45
The short term trend has been DOWN since Sep 10th, 2019 at 1567.27
Smart Scan Analysis for IX8000GI
Based on a pre-defined weighted trend formula for chart analysis, IX8000GI scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1771.18||52wk High Date||2018-04-25|
|52wk Low||1332.09||52wk Low Date||2018-11-29|