Index Trend Analysis Report
Prepared for you on Tuesday, September 18, 2018.
OMX NORDIC MID-CAP DKK PI (NASDAQ:OMXNMCDKKPI)
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 OMXNMCDKKPI
The long term trend has been UP since Jul 26th, 2018 at 550.95
The intermediate term trend has been DOWN since Sep 6th, 2018 at 533.81
The short term trend has been UP since Sep 12th, 2018 at 532.68
Smart Scan Analysis for OMXNMCDKKPI
Based on a pre-defined weighted trend formula for chart analysis, OMXNMCDKKPI scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||567.35||52wk High Date||2018-01-10|
|52wk Low||500.31||52wk Low Date||2018-04-04|