Index Trend Analysis Report
Prepared for you on Friday, May 27, 2022.
Long-Term Downtrend (-90) - OMXBBPI is in a strong downtrend that is likely to continue. While OMXBBPI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid OMXBBPI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXBBPI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXBBPI
The long-term trend has been DOWN since Jan 24th, 2022 at 629.07
The intermediate-term trend has been DOWN since Apr 25th, 2022 at 616.59
The short-term trend has been DOWN since Apr 12th, 2022 at 630.77
Smart Scan Analysis for OMXBBPI
Based on our trend formula, OMXBBPI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||505.06||52wk High Date||2018-03-22|
|52wk Low||431.1||52wk Low Date||2018-11-21|