Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Monday, May 17, 2021.

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
3359.99 3396.73 3358.64 3388.38 +24.16
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 Mar 29th, 2021 at 3288.97

short term up The short-term trend has been UP since May 17th, 2021 at 3394.00

Smart Scan Analysis for OMXI10EUR

Based on our trend formula, OMXI10EUR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for OMXI10EUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3359.99 3396.73 3358.64 3388.38 +24.16
Prev. Close Volume Bid Ask Time
3364.22 0 2021-05-17 11:31:00
Get a free daily analysis and signals for OMX Iceland 10 EUR (OMXI10EUR) - Request Your Free Report.