Index Trend Analysis Report
Prepared for you on Monday, August 20, 2018.
OMX BALTIC CONSUMER SERVICES PI (NASDAQ:B5000PI)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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.
MarketClub’s Trade Triangles for B5000PI
The long term trend has been DOWN since Apr 6th, 2018 at 1567.15
The intermediate term trend has been DOWN since Jul 2nd, 2018 at 1545.80
The short term trend has been UP since Aug 14th, 2018 at 1481.28
Smart Scan Analysis for B5000PI
Based on a pre-defined weighted trend formula for chart analysis, B5000PI scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1705.35||52wk High Date||2018-02-28|
|52wk Low||1461.3||52wk Low Date||2018-08-13|