Index Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
OMX STOCKHOLM MOBILE TELECOM GI (NASDAQ:SX6570GI)
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 SX6570GI
The long term trend has been UP since Apr 20th, 2018 at 1299.35
The intermediate term trend has been UP since Jul 23rd, 2018 at 1378.09
The short term trend has been DOWN since Aug 8th, 2018 at 1442.89
Smart Scan Analysis for SX6570GI
Based on a pre-defined weighted trend formula for chart analysis, SX6570GI scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1446.25||52wk High Date||2018-05-08|
|52wk Low||1164.07||52wk Low Date||2017-08-23|