Index Trend Analysis Report
Prepared for you on Thursday, October 18, 2018.
OMX COPENHAGEN HEALTH CARE GI (NASDAQ:CX4000GI)
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 CX4000GI
The long term trend has been DOWN since Oct 4th, 2018 at 3197.88
The intermediate term trend has been DOWN since Aug 8th, 2018 at 3411.52
The short term trend has been UP since Oct 16th, 2018 at 2996.06
Smart Scan Analysis for CX4000GI
Based on a pre-defined weighted trend formula for chart analysis, CX4000GI scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3594.69||52wk High Date||2018-07-30|
|52wk Low||2795.56||52wk Low Date||2018-02-06|