Index Trend Analysis Report
Prepared for you on Monday, August 20, 2018.
OMX HELSINKI INSURANCE PI (NASDAQ:HX8500PI)
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 HX8500PI
The long term trend has been DOWN since Mar 23rd, 2018 at 1982.94
The intermediate term trend has been DOWN since Aug 8th, 2018 at 1889.09
The short term trend has been UP since Aug 16th, 2018 at 1936.69
Smart Scan Analysis for HX8500PI
Based on a pre-defined weighted trend formula for chart analysis, HX8500PI scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2196.23||52wk High Date||2018-01-22|
|52wk Low||1832.96||52wk Low Date||2018-06-27|