Index Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
OMX Iceland 10 (NASDAQ:OMXI10)
Strong Uptrend (+100) - OMXI10 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, OMXI10 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid OMXI10?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXI10.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXI10
The long-term trend has been UP since Oct 21st, 2019 at 1924.22
The intermediate-term trend has been UP since Feb 19th, 2020 at 2124.10
The short-term trend has been UP since Feb 18th, 2020 at 2116.33
Smart Scan Analysis for OMXI10
Based on our trend formula, OMXI10 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).