Index Trend Analysis Report
Prepared for you on Tuesday, January 15, 2019.
OMX HELSINKI INDUSTRIAL ENGINEERING PI (NASDAQ:HX2750PI)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 DOWN since Oct 5th, 2018 at 1575.66
The intermediate term trend has been UP since Jan 8th, 2019 at 1419.68
The short term trend has been DOWN since Jan 14th, 2019 at 1459.05
Smart Scan Analysis for HX2750PI
Based on a pre-defined weighted trend formula for chart analysis, HX2750PI scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1737.02||52wk High Date||2018-01-09|
|52wk Low||1399.07||52wk Low Date||2018-10-23|