Index Trend Analysis Report
Prepared for you on Saturday, August 18, 2018.
OMX STOCKHOLM BANKS GI (NASDAQ:SX8300GI)
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 SX8300GI
The long term trend has been UP since Jul 17th, 2018 at 2219.14
The intermediate term trend has been UP since Jun 20th, 2018 at 2151.36
The short term trend has been UP since Aug 16th, 2018 at 2347.07
Smart Scan Analysis for SX8300GI
Based on a pre-defined weighted trend formula for chart analysis, SX8300GI scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2498.84||52wk High Date||2017-10-09|
|52wk Low||2068.24||52wk Low Date||2018-05-29|