Index Trend Analysis Report
Prepared for you on Thursday, September 21, 2023.
OMX Iceland Mid Cap GI (NASDAQ:OMXIMCGI)
Strong Downtrend (-100) - OMXIMCGI is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, OMXIMCGI continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid OMXIMCGI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXIMCGI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXIMCGI
The long-term trend has been DOWN since Sep 14th, 2023 at 152.56
The intermediate-term trend has been DOWN since Aug 24th, 2023 at 162.66
The short-term trend has been DOWN since Aug 21st, 2023 at 164.67
Smart Scan Analysis for OMXIMCGI
Based on our trend formula, OMXIMCGI is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||97.07||52wk High Date||2018-01-25|
|52wk Low||74.88||52wk Low Date||2018-10-30|