Index Trend Analysis Report
Prepared for you on Tuesday, June 25, 2019.
OMX Iceland All-Share GI (NASDAQ:OMXIGI)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for OMXIGI
The long term trend has been UP since Jan 28th, 2019 at 640.49
The intermediate term trend has been DOWN since May 29th, 2019 at 741.44
The short term trend has been UP since Jun 20th, 2019 at 747.29
Smart Scan Analysis for OMXIGI
Based on a pre-defined weighted trend formula for chart analysis, OMXIGI scored +55 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|