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Index Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

OMX Iceland All-Share PI (NASDAQ:OMXIPI)

Crossroads (+60) - OMXIPI is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid OMXIPI?

MarketClub looks at technical strength and momentum to determine if the timing is right for OMXIPI.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

NASDAQ_OMXIPI
Open High Low OMXIPI Price Change
2472.60 2487.88 2461.42 2471.25 -1.35
Entry Signal

MarketClub’s Trade Triangles for OMXIPI

long term down The long-term trend has been DOWN since Feb 24th, 2022 at 2512.65

intermediate term up The intermediate-term trend has been UP since Jun 28th, 2022 at 2320.85

short term up The short-term trend has been UP since Aug 17th, 2022 at 2445.62

Smart Scan Analysis for OMXIPI

Based on our trend formula, OMXIPI is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for OMXIPI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2472.60 2487.88 2461.42 2471.25 -1.35
Prev. Close Volume Bid Ask Time
2472.60 0 2022-08-19 11:32:00
52wk High1399.4152wk High Date2018-04-25
52wk Low1154.1352wk Low Date2017-12-13
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