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Index Trend Analysis Report

Prepared for you on Wednesday, October 28, 2020.

OMX Iceland 10 EUR (NASDAQ:OMXI10EUR)

Bull Market Weakness (+75) - OMXI10EUR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OMXI10EUR as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid OMXI10EUR?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMXI10EUR.

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

NASDAQ_OMXI10EUR
Open High Low OMXI10EUR Price Change
2345.85 2346.46 2287.09 2307.54 -37.15
Entry Signal

MarketClub’s Trade Triangles for OMXI10EUR

long term up The long-term trend has been UP since Oct 21st, 2020 at 2373.83

intermediate term up The intermediate-term trend has been UP since Oct 12th, 2020 at 2306.21

short term down The short-term trend has been DOWN since Oct 26th, 2020 at 2346.91

Smart Scan Analysis for OMXI10EUR

Based on our trend formula, OMXI10EUR is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for OMXI10EUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2345.85 2346.46 2287.09 2307.54 -37.15
Prev. Close Volume Bid Ask Time
2292.23 0 2020-10-28 08:04:00
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