Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, May 23, 2022.

OMX Iceland 10 Cap GI (NASDAQ:OMXI10CAPGI)

Long-Term Downtrend (-90) - OMXI10CAPGI is in a strong downtrend that is likely to continue. While OMXI10CAPGI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid OMXI10CAPGI?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMXI10CAPGI.

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

NASDAQ_OMXI10CAPGI
Open High Low OMXI10CAPGI Price Change
1647.13 1667.83 1647.13 1664.40 +17.27
Entry Signal

MarketClub’s Trade Triangles for OMXI10CAPGI

long term down The long-term trend has been DOWN since Jan 25th, 2022 at 1822.44

intermediate term down The intermediate-term trend has been DOWN since Apr 25th, 2022 at 1847.01

short term down The short-term trend has been DOWN since Apr 29th, 2022 at 1831.71

Smart Scan Analysis for OMXI10CAPGI

Based on our trend formula, OMXI10CAPGI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for OMXI10CAPGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1647.13 1667.83 1647.13 1664.40 +17.27
Prev. Close Volume Bid Ask Time
1647.13 0 2022-05-23 11:32:00
Get a free daily analysis and signals for OMX Iceland 10 Cap GI (OMXI10CAPGI) - Request Your Free Report.