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Index Trend Analysis Report

Prepared for you on Monday, May 16, 2022.

OMX Iceland Small Cap PI (NASDAQ:OMXISCPI)

Long-Term Downtrend (-90) - OMXISCPI is in a strong downtrend that is likely to continue. While OMXISCPI is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

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

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

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

NASDAQ_OMXISCPI
Open High Low OMXISCPI Price Change
546.10 548.89 541.93 548.89 +2.79
Entry Signal

MarketClub’s Trade Triangles for OMXISCPI

long term down The long-term trend has been DOWN since Mar 7th, 2022 at 504.55

intermediate term down The intermediate-term trend has been DOWN since May 9th, 2022 at 568.55

short term down The short-term trend has been DOWN since May 9th, 2022 at 570.23

Smart Scan Analysis for OMXISCPI

Based on our trend formula, OMXISCPI is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for OMXISCPI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
546.10 548.89 541.93 548.89 +2.79
Prev. Close Volume Bid Ask Time
546.10 0 2022-05-16 11:33:00
52wk High273.9852wk High Date2018-01-26
52wk Low214.3652wk Low Date2018-11-29
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