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.
MarketClub’s Trade Triangles for OMXRGI
The long-term trend has been DOWN since Mar 8th, 2021 at 1108.43
The intermediate-term trend has been UP since Apr 13th, 2021 at 1128.07
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).
|52wk High||1143.65||52wk High Date||2018-05-02|
|52wk Low||914.28||52wk Low Date||2018-10-12|