Index Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
OMX COPENHAGEN HEALTH CARE GI (NASDAQ:CX4000GI)
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 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 Dec 7th, 2018 at 3082.50
Smart Scan Analysis for CX4000GI
Based on a pre-defined weighted trend formula for chart analysis, CX4000GI scored -65 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|