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Index Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

OMX STOCKHOLM BANKS GI (NASDAQ:SX8300GI)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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
2189.43 2198.96 2186.66 2187.47 +7.54
Entry Signal

MarketClub’s Trade Triangles for SX8300GI

long term up The long term trend has been UP since Jul 17th, 2018 at 2219.14

intermediate term down The intermediate term trend has been DOWN since Oct 3rd, 2018 at 2360.07

short term down The short term trend has been DOWN since Nov 12th, 2018 at 2204.91

Smart Scan Analysis for SX8300GI

Based on a pre-defined weighted trend formula for chart analysis, SX8300GI scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SX8300GI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2189.43 2198.96 2186.66 2187.47 +7.54
Prev. Close Volume Bid Ask Time
2179.93 0 2018-11-16 04:14:00
52wk High2475.852wk High Date2018-10-01
52wk Low2068.2452wk Low Date2018-05-29
Want to analyze OMX STOCKHOLM BANKS GI SX8300GI or another symbol? Try our Free Index Trend Analysis Report.