Index Trend Analysis Report
Prepared for you on Wednesday, August 15, 2018.
DJ SWEDEN STOCK INDEX (INDEX:SEDOW)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 SEDOW
The long term trend has been UP since May 7th, 2018 at 945.90
The intermediate term trend has been UP since Jul 16th, 2018 at 933.71
The short term trend has been DOWN since Aug 10th, 2018 at 965.66
Smart Scan Analysis for SEDOW
Based on a pre-defined weighted trend formula for chart analysis, SEDOW scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||977.64||52wk High Date||2018-08-10|
|52wk Low||869.98||52wk Low Date||2018-02-06|