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Index Trend Analysis Report

Prepared for you on Wednesday, May 23, 2018.

OMX STOCKHOLM BANKS GI (NASDAQ:SX8300GI)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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.

NASDAQ_SX8300GI
Open High Low SX8300GI Price Change
2180.99 2180.99 2150.36 2156.14 -31.79
Entry Signal

MarketClub’s Trade Triangles for SX8300GI

long term down The long term trend has been DOWN since Aug 11th, 2017 at 2345.50

intermediate term up The intermediate term trend has been UP since Apr 23rd, 2018 at 2183.74

short term down The short term trend has been DOWN since May 22nd, 2018 at 2164.28

Smart Scan Analysis for SX8300GI

Based on a pre-defined weighted trend formula for chart analysis, SX8300GI scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SX8300GI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2180.99 2180.99 2150.36 2156.14 -31.79
Prev. Close Volume Bid Ask Time
2187.93 0 2018-05-23 11:30:00
52wk High2517.8752wk High Date2017-07-14
52wk Low2087.1952wk Low Date2018-04-11
Want to analyze OMX STOCKHOLM BANKS GI SX8300GI or another symbol? Try our Free Index Trend Analysis Report.