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Index Trend Analysis Report

Prepared for you on Monday, May 17, 2021.

OMX Riga_GI (NASDAQ:OMXRGI)

Bull Market Weakness (+75) - OMXRGI is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on OMXRGI as it may be in the beginning stages of a reversal.

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

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

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

NASDAQ_OMXRGI
Open High Low OMXRGI Price Change
1137.07 1144.64 1135.94 1141.71 +4.28
Entry Signal

MarketClub’s Trade Triangles for OMXRGI

long term down The long-term trend has been DOWN since Mar 8th, 2021 at 1108.43

intermediate term up The intermediate-term trend has been UP since Apr 13th, 2021 at 1128.07

short term up The short-term trend has been UP since May 11th, 2021 at 1140.27

Smart Scan Analysis for OMXRGI

Based on our trend formula, OMXRGI is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for OMXRGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1137.07 1144.64 1135.94 1141.71 +4.28
Prev. Close Volume Bid Ask Time
1137.43 0 2021-05-17 09:04:00
52wk High1143.6552wk High Date2018-05-02
52wk Low914.2852wk Low Date2018-10-12
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