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Index Trend Analysis Report

Prepared for you on Monday, October 22, 2018.

OMX STOCKHOLM BANKS PI (NASDAQ:SX8300PI)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_SX8300PI
Open High Low SX8300PI Price Change
1534.29 1543.90 1505.16 1506.73 -16.77
Entry Signal

MarketClub’s Trade Triangles for SX8300PI

long term up The long term trend has been UP since Jul 17th, 2018 at 1535.18

intermediate term down The intermediate term trend has been DOWN since Oct 3rd, 2018 at 1632.30

short term down The short term trend has been DOWN since Oct 2nd, 2018 at 1678.52

Smart Scan Analysis for SX8300PI

Based on a pre-defined weighted trend formula for chart analysis, SX8300PI scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for SX8300PI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1534.29 1543.90 1505.16 1506.73 -16.77
Prev. Close Volume Bid Ask Time
1523.5 0 2018-10-22 11:30:00
52wk High1813.4852wk High Date2017-10-23
52wk Low1430.7952wk Low Date2018-05-29
Want to analyze OMX STOCKHOLM BANKS PI SX8300PI or another symbol? Try our Free Index Trend Analysis Report.