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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.

NASDAQ_SX8300GI
Open High Low SX8300GI Price Change
2361.02 2375.21 2356.53 2372.93 +10.80
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 up The intermediate term trend has been UP since Jun 20th, 2018 at 2151.36

short term up 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).

+100
Smart Scan Analysis for SX8300GI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2361.02 2375.21 2356.53 2372.93 +10.80
Prev. Close Volume Bid Ask Time
2372.93 0 2018-08-17 11:30:00
52wk High2498.8452wk High Date2017-10-09
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.