Index Trend Analysis Report
Prepared for you on Sunday, August 19, 2018.
OMX HELSINKI INDUSTRIAL ENGINEERING PI (NASDAQ:HX2750PI)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 HX2750PI
The long term trend has been UP since Jun 6th, 2018 at 1676.45
The intermediate term trend has been DOWN since Aug 13th, 2018 at 1700.11
The short term trend has been DOWN since Aug 10th, 2018 at 1720.35
Smart Scan Analysis for HX2750PI
Based on a pre-defined weighted trend formula for chart analysis, HX2750PI scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1774.78||52wk High Date||2017-10-23|
|52wk Low||1519.36||52wk Low Date||2018-04-04|