Index Trend Analysis Report
Prepared for you on Monday, January 22, 2018.
OMX NORDIC SM-CAP EUR GI (NASDAQ:OMXNSCEURGI)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 OMXNSCEURGI
The long term trend has been DOWN since Oct 25th, 2017 at 211.61
The intermediate term trend has been UP since Dec 28th, 2017 at 199.11
The short term trend has been DOWN since Jan 15th, 2018 at 211.25
Smart Scan Analysis for OMXNSCEURGI
Based on a pre-defined weighted trend formula for chart analysis, OMXNSCEURGI scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||219.95||52wk High Date||2017-06-14|
|52wk Low||192.76||52wk Low Date||2017-12-13|