Index Trend Analysis Report
Prepared for you on Sunday, December 16, 2018.
OMX COPENHAGEN MEDIA GI (NASDAQ:CX5500GI)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 CX5500GI
The long term trend has been DOWN since Oct 26th, 2018 at 1125.83
The intermediate term trend has been UP since Nov 29th, 2018 at 1153.51
The short term trend has been UP since Dec 7th, 2018 at 1120.39
Smart Scan Analysis for CX5500GI
Based on a pre-defined weighted trend formula for chart analysis, CX5500GI scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1349.24||52wk High Date||2018-08-14|
|52wk Low||1082.68||52wk Low Date||2017-11-30|