Index Trend Analysis Report
Prepared for you on Friday, August 17, 2018.
NASDAQ OMX NORDIC TRANS NET (NASDAQ:NOMXNTPNI)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DOWN since Jun 29th, 2018 at 1084.92
The intermediate term trend has been UP since Jul 26th, 2018 at 1135.09
The short term trend has been UP since Aug 17th, 2018 at 1220.51
Smart Scan Analysis for NOMXNTPNI
Based on a pre-defined weighted trend formula for chart analysis, NOMXNTPNI scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1325.22||52wk High Date||2017-11-01|
|52wk Low||1057.6||52wk Low Date||2018-07-11|