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Index Trend Analysis Report

Prepared for you on Thursday, December 9, 2021.

OMX Iceland 10 Cap (NASDAQ:OMXI10CAP)

Bull Market Weakness (+75) - OMXI10CAP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OMXI10CAP as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid OMXI10CAP?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMXI10CAP.

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

NASDAQ_OMXI10CAP
Open High Low OMXI10CAP Price Change
2786.23 2793.41 2777.69 2787.41 +1.18
Entry Signal

MarketClub’s Trade Triangles for OMXI10CAP

long term up The long-term trend has been UP since Jun 5th, 2020 at 1645.56

intermediate term down The intermediate-term trend has been DOWN since Nov 10th, 2021 at 2749.12

short term up The short-term trend has been UP since Dec 7th, 2021 at 2753.68

Smart Scan Analysis for OMXI10CAP

Based on our trend formula, OMXI10CAP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for OMXI10CAP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2786.23 2793.41 2777.69 2787.41 +1.18
Prev. Close Volume Bid Ask Time
2786.23 0 2021-12-09 06:31:00
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