Index Trend Analysis Report
Prepared for you on Friday, April 20, 2018.
OMX BALTIC FINANCIALS GI (NASDAQ:B8000GI)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 B8000GI
The long term trend has been UP since Jan 25th, 2018 at 702.42
The intermediate term trend has been DOWN since Apr 17th, 2018 at 690.69
The short term trend has been DOWN since Apr 17th, 2018 at 696.78
Smart Scan Analysis for B8000GI
Based on a pre-defined weighted trend formula for chart analysis, B8000GI scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||798.48||52wk High Date||2018-01-30|
|52wk Low||571.64||52wk Low Date||2017-04-24|