Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Sunday, July 12, 2020.

OMX Iceland All-Share PI (NASDAQ:OMXIPI)

Sidelines Mode (+55) - OMXIPI is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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
1465.79 1468.93 1460.07 1461.16 -4.63
Entry Signal

MarketClub’s Trade Triangles for OMXIPI

long term up The long-term trend has been UP since Jun 23rd, 2020 at 1499.80

intermediate term up The intermediate-term trend has been UP since Jun 23rd, 2020 at 1499.00

short term down The short-term trend has been DOWN since Jul 8th, 2020 at 1477.69

Smart Scan Analysis for OMXIPI

Based on our trend formula, OMXIPI is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for OMXIPI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1465.79 1468.93 1460.07 1461.16 -4.63
Prev. Close Volume Bid Ask Time
1423.66 0 2020-07-10 11:33:00
52wk High1399.4152wk High Date2018-04-25
52wk Low1154.1352wk Low Date2017-12-13
Get a free daily analysis and signals for OMX Iceland All-Share PI (OMXIPI) - Request Your Free Report.