Index Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
OMX STCKHLM 30 FREE FLOAT (NASDAQ:OMXS30FF)
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 OMXS30FF
The long term trend has been DOWN since Oct 19th, 2018 at 145.25
The intermediate term trend has been UP since Jan 9th, 2019 at 140.79
The short term trend has been UP since Jan 17th, 2019 at 141.27
Smart Scan Analysis for OMXS30FF
Based on a pre-defined weighted trend formula for chart analysis, OMXS30FF scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||161.73||52wk High Date||2018-08-29|
|52wk Low||138.55||52wk Low Date||2018-11-20|