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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

OMX Riga_GI (NASDAQ:OMXRGI)

Long-Term Downtrend (-90) - OMXRGI is in a strong downtrend that is likely to continue. While OMXRGI 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 OMXRGI?

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

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NASDAQ_OMXRGI
Open High Low OMXRGI Price Change
1342.55 1343.44 1273.26 1312.18 -31.92
Entry Signal

MarketClub’s Trade Triangles for OMXRGI

long term down The long-term trend has been DOWN since Dec 15th, 2023 at 1305.63

intermediate term down The intermediate-term trend has been DOWN since Apr 23rd, 2024 at 1305.86

short term down The short-term trend has been DOWN since Apr 23rd, 2024 at 1314.61

Smart Scan Analysis for OMXRGI

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

-90
Smart Scan Analysis for OMXRGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1342.55 1343.44 1273.26 1312.18 -31.92
Prev. Close Volume Bid Ask Time
1344.10 0 2024-04-23 09:01:00
52wk High1143.6552wk High Date2018-05-02
52wk Low914.2852wk Low Date2018-10-12
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