Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
OMX HELSINKI TELECOM PI (NASDAQ:HX6500PI)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 HX6500PI
The long term trend has been UP since Feb 1st, 2018 at 1685.66
The intermediate term trend has been DOWN since Jul 13th, 2018 at 1900.90
The short term trend has been UP since Aug 16th, 2018 at 1771.95
Smart Scan Analysis for HX6500PI
Based on a pre-defined weighted trend formula for chart analysis, HX6500PI scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2049.21||52wk High Date||2018-07-11|
|52wk Low||1557.39||52wk Low Date||2018-01-18|