Index Trend Analysis Report
Prepared for you on Wednesday, September 20, 2017.
OMX HLSKI CAP_PI (NASDAQ:OMXHCAPPI)
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 OMXHCAPPI
The long term trend has been DOWN since Aug 11th, 2017 at 6353.73
The intermediate term trend has been UP since Sep 11th, 2017 at 6486.83
The short term trend has been UP since Sep 18th, 2017 at 6526.90
Smart Scan Analysis for OMXHCAPPI
Based on a pre-defined weighted trend formula for chart analysis, OMXHCAPPI scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||6786.27||52wk High Date||2017-06-20|
|52wk Low||5390.75||52wk Low Date||2016-11-09|