Index Trend Analysis Report
Prepared for you on Saturday, January 20, 2018.
OMX HELSINKI CHEMICALS GI (NASDAQ:HX1300GI)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 HX1300GI
The long term trend has been UP since Oct 25th, 2017 at 1282.50
The intermediate term trend has been UP since Jan 3rd, 2018 at 1299.28
The short term trend has been DOWN since Jan 11th, 2018 at 1302.63
Smart Scan Analysis for HX1300GI
Based on a pre-defined weighted trend formula for chart analysis, HX1300GI scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1390.96||52wk High Date||2017-11-08|
|52wk Low||1156.15||52wk Low Date||2017-09-07|