Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
OMX HLSKI CAP_PI (NASDAQ:OMXHCAPPI)
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 OMXHCAPPI
The long term trend has been UP since May 2nd, 2018 at 6883.56
The intermediate term trend has been DOWN since Jun 19th, 2018 at 6865.93
The short term trend has been UP since Jul 17th, 2018 at 6932.54
Smart Scan Analysis for OMXHCAPPI
Based on a pre-defined weighted trend formula for chart analysis, OMXHCAPPI scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||7141.69||52wk High Date||2018-05-22|
|52wk Low||6298.18||52wk Low Date||2017-08-29|