Index Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
OMX STOCKHOLM RETAIL PI (NASDAQ:SX5300PI)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 May 2nd, 2018 at 890.96
The intermediate term trend has been UP since Apr 12th, 2018 at 823.25
The short term trend has been UP since May 17th, 2018 at 851.94
Smart Scan Analysis for SX5300PI
Based on a pre-defined weighted trend formula for chart analysis, SX5300PI scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1214.87||52wk High Date||2017-05-23|
|52wk Low||762.51||52wk Low Date||2018-03-28|