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Index Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

OMX Iceland All-Share PI (NASDAQ:OMXIPI)

Bear Market Rally (-75) - OMXIPI is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on OMXIPI as it may be in the beginning of a reversal.

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
1268.50 1270.95 1265.26 1266.16 -2.34
Entry Signal

MarketClub’s Trade Triangles for OMXIPI

long term down The long-term trend has been DOWN since Feb 28th, 2020 at 1408.09

intermediate term down The intermediate-term trend has been DOWN since Feb 25th, 2020 at 1487.30

short term down The short-term trend has been DOWN since Apr 2nd, 2020 at 1267.88

Smart Scan Analysis for OMXIPI

Based on our trend formula, OMXIPI is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for OMXIPI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1268.50 1270.95 1265.26 1266.16 -2.34
Prev. Close Volume Bid Ask Time
1276.04 0 2020-04-03 11:34:00
52wk High1399.4152wk High Date2018-04-25
52wk Low1154.1352wk Low Date2017-12-13
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