Index Trend Analysis Report
Prepared for you on Tuesday, May 26, 2020.
Bull Market Weakness (+75) - OMXBBPI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OMXBBPI as it may be in the beginning stages of a reversal.
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 Feb 28th, 2020 at 440.71
The intermediate-term trend has been UP since Apr 14th, 2020 at 370.10
The short-term trend has been UP since May 20th, 2020 at 399.47
Smart Scan Analysis for OMXBBPI
Based on our trend formula, OMXBBPI is rated as a +70 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|