Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
OMX HELSINKI MEDIA GI (NASDAQ:HX5500GI)
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 HX5500GI
The long term trend has been DOWN since Feb 6th, 2018 at 1051.62
The intermediate term trend has been DOWN since Jun 19th, 2018 at 985.27
The short term trend has been UP since Jul 5th, 2018 at 968.16
Smart Scan Analysis for HX5500GI
Based on a pre-defined weighted trend formula for chart analysis, HX5500GI scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1211||52wk High Date||2017-12-18|
|52wk Low||848.37||52wk Low Date||2017-07-25|