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Index Trend Analysis Report

Prepared for you on Sunday, December 16, 2018.

DJ NORWAY STOCK INDEX (INDEX:NODOW)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

INDEX_NODOW
Open High Low NODOW Price Change
477.30 481.84 476.02 477.30 -4.34
Entry Signal

MarketClub’s Trade Triangles for NODOW

long term down The long term trend has been DOWN since Oct 26th, 2018 at 494.14

intermediate term down The intermediate term trend has been DOWN since Oct 11th, 2018 at 516.15

short term up The short term trend has been UP since Dec 12th, 2018 at 485.07

Smart Scan Analysis for NODOW

Based on a pre-defined weighted trend formula for chart analysis, NODOW scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-85
Smart Scan Analysis for NODOW
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
477.30 481.84 476.02 477.30 -4.34
Prev. Close Volume Bid Ask Time
493.43 0 2018-12-14 16:19:45
52wk High543.652wk High Date2018-09-25
52wk Low458.2252wk Low Date2018-02-06
Want to analyze DJ NORWAY STOCK INDEX NODOW or another symbol? Try our Free Index Trend Analysis Report.