Index Trend Analysis Report
Prepared for you on Friday, July 10, 2020.
OMX Iceland All-Share GI (NASDAQ:OMXIGI)
Weak Uptrend (+65) - OMXIGI is showing signs of weakening momentum to the upside. Monitor OMXIGI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid OMXIGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXIGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXIGI
The long-term trend has been UP since Jun 23rd, 2020 at 792.00
The intermediate-term trend has been UP since Jun 23rd, 2020 at 791.58
The short-term trend has been DOWN since Jul 8th, 2020 at 780.33
Smart Scan Analysis for OMXIGI
Based on our trend formula, OMXIGI is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||693.42||52wk High Date||2018-04-25|
|52wk Low||562.99||52wk Low Date||2017-12-13|