Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
DJ NORWAY STOCK INDEX (USD) (INDEX:NODOWD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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.
MarketClub’s Trade Triangles for NODOWD
The long term trend has been UP since Jan 3rd, 2018 at 357.33
The intermediate term trend has been UP since Aug 29th, 2018 at 376.27
The short term trend has been UP since Sep 11th, 2018 at 365.74
Smart Scan Analysis for NODOWD
Based on a pre-defined weighted trend formula for chart analysis, NODOWD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||385.86||52wk High Date||2018-01-25|
|52wk Low||332.59||52wk Low Date||2017-12-11|