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.
MarketClub’s Trade Triangles for OMXI10CAP
The long-term trend has been UP since Jun 5th, 2020 at 1645.56
The intermediate-term trend has been DOWN since Nov 10th, 2021 at 2749.12
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).