Index Trend Analysis Report
Prepared for you on Sunday, October 21, 2018.
OMX HELSINKI MEDIA GI (NASDAQ:HX5500GI)
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 HX5500GI
The long term trend has been DOWN since Feb 6th, 2018 at 1051.62
The intermediate term trend has been UP since Oct 12th, 2018 at 957.67
The short term trend has been UP since Oct 12th, 2018 at 924.94
Smart Scan Analysis for HX5500GI
Based on a pre-defined weighted trend formula for chart analysis, HX5500GI scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1211||52wk High Date||2017-12-18|
|52wk Low||888.27||52wk Low Date||2018-10-11|