Index Trend Analysis Report
Prepared for you on Saturday, October 21, 2017.
OMX HELSINKI CHEMICALS PI (NASDAQ:HX1300PI)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 HX1300PI
The long term trend has been DOWN since Nov 2nd, 2016 at 897.82
The intermediate term trend has been UP since Sep 22nd, 2017 at 912.90
The short term trend has been UP since Oct 20th, 2017 at 939.70
Smart Scan Analysis for HX1300PI
Based on a pre-defined weighted trend formula for chart analysis, HX1300PI scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1035.18||52wk High Date||2016-10-24|
|52wk Low||866||52wk Low Date||2017-09-07|