Index Trend Analysis Report
Prepared for you on Monday, February 6, 2023.
Long-Term Uptrend (+90) - OMXBBGI is in a strong uptrend that is likely to continue. While OMXBBGI is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid OMXBBGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXBBGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXBBGI
The long-term trend has been UP since Dec 2nd, 2022 at 1373.11
The intermediate-term trend has been UP since Jan 10th, 2023 at 1410.19
The short-term trend has been UP since Jan 2nd, 2023 at 1384.42
Smart Scan Analysis for OMXBBGI
Based on our trend formula, OMXBBGI is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1008.38||52wk High Date||2018-03-22|
|52wk Low||871.63||52wk Low Date||2017-12-13|