Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
OMX STOCKHOLM RETAIL PI (NASDAQ:SX5300PI)
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 SX5300PI
The long term trend has been UP since Sep 24th, 2018 at 875.22
The intermediate term trend has been UP since Sep 17th, 2018 at 838.48
The short term trend has been DOWN since Oct 23rd, 2018 at 918.88
Smart Scan Analysis for SX5300PI
Based on a pre-defined weighted trend formula for chart analysis, SX5300PI scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1180.73||52wk High Date||2017-10-23|
|52wk Low||762.51||52wk Low Date||2018-03-28|