Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, February 24, 2020.


Sidelines Mode (+55) - OMXBGI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid OMXBGI?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMXBGI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open High Low OMXBGI Price Change
850.32 850.32 842.47 842.71 -8.77
Entry Signal

MarketClub’s Trade Triangles for OMXBGI

long term up The long-term trend has been UP since Mar 1st, 2019 at 762.12

intermediate term up The intermediate-term trend has been UP since Oct 3rd, 2019 at 783.32

short term down The short-term trend has been DOWN since Feb 21st, 2020 at 850.00

Smart Scan Analysis for OMXBGI

Based on our trend formula, OMXBGI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for OMXBGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
850.32 850.32 842.47 842.71 -8.77
Prev. Close Volume Bid Ask Time
817.00 0 2020-02-24 09:04:00
52wk High816.0252wk High Date2018-01-30
52wk Low662.5252wk Low Date2017-12-13
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