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Index Trend Analysis Report

Prepared for you on Friday, April 19, 2024.

OMX Iceland All-Share GI (NASDAQ:OMXIGI)

Sidelines Mode (-55) - OMXIGI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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.

NASDAQ_OMXIGI
Open High Low OMXIGI Price Change
1226.02 1227.07 1220.64 1222.78 -2.25
Entry Signal

MarketClub’s Trade Triangles for OMXIGI

long term down The long-term trend has been DOWN since Apr 2nd, 2024 at 1188.77

intermediate term down The intermediate-term trend has been DOWN since Feb 27th, 2024 at 1294.80

short term up The short-term trend has been UP since Apr 5th, 2024 at 1209.22

Smart Scan Analysis for OMXIGI

Based on our trend formula, OMXIGI is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for OMXIGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1226.02 1227.07 1220.64 1222.78 -2.25
Prev. Close Volume Bid Ask Time
1222.78 0 2024-04-18 11:33:00
52wk High693.4252wk High Date2018-04-25
52wk Low562.9952wk Low Date2017-12-13
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