Index Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
OMX Iceland Mid Cap PI (NASDAQ:OMXIMCPI)
Bull Market Weakness (+75) - OMXIMCPI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OMXIMCPI as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid OMXIMCPI?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXIMCPI.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXIMCPI
The long-term trend has been DOWN since Feb 28th, 2020 at 70.850
The intermediate-term trend has been UP since May 18th, 2020 at 67.800
The short-term trend has been UP since Jun 5th, 2020 at 67.981
Smart Scan Analysis for OMXIMCPI
Based on our trend formula, OMXIMCPI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||88.01||52wk High Date||2018-01-25|
|52wk Low||66.4||52wk Low Date||2018-10-30|