Index Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
OMX OSLO 20 GI EXPIRATION INDEX (NASDAQ:OMXO20GIEXP)
Bull Market Weakness (+75) - OMXO20GIEXP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OMXO20GIEXP as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid OMXO20GIEXP?
MarketClub looks at technical strength and momentum to determine if the timing is right for OMXO20GIEXP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for OMXO20GIEXP
The long-term trend has been DOWN since Feb 26th, 2020 at 828.71
The intermediate-term trend has been UP since Jul 14th, 2020 at 761.22
The short-term trend has been UP since Aug 4th, 2020 at 762.20
Smart Scan Analysis for OMXO20GIEXP
Based on our trend formula, OMXO20GIEXP is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||909.19||52wk High Date||2018-09-26|
|52wk Low||727.29||52wk Low Date||2018-02-06|