Index Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
OMX HELSINKI INDUSTRIALS PI (NASDAQ:HX2000PI)
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 HX2000PI
The long term trend has been DOWN since Oct 5th, 2018 at 1521.39
The intermediate term trend has been DOWN since Aug 14th, 2018 at 1605.19
The short term trend has been UP since Oct 16th, 2018 at 1451.53
Smart Scan Analysis for HX2000PI
Based on a pre-defined weighted trend formula for chart analysis, HX2000PI scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1732.91||52wk High Date||2017-10-24|
|52wk Low||1416.57||52wk Low Date||2018-10-15|