Index Trend Analysis Report
Prepared for you on Tuesday, June 19, 2018.
NASDAQ OMX NORDIC TRANS NET (NASDAQ:NOMXNTPNI)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 NOMXNTPNI
The long term trend has been UP since May 8th, 2018 at 1224.24
The intermediate term trend has been DOWN since Jun 19th, 2018 at 1182.28
The short term trend has been DOWN since Jun 18th, 2018 at 1210.69
Smart Scan Analysis for NOMXNTPNI
Based on a pre-defined weighted trend formula for chart analysis, NOMXNTPNI scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1333.65||52wk High Date||2017-07-20|
|52wk Low||1084.92||52wk Low Date||2018-03-23|