Analyze Symbol

Index Trend Analysis Report

Prepared for you on Tuesday, January 23, 2018.

OMX STOCKHOLM BANKS PI (NASDAQ:SX8300PI)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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_SX8300PI
Open High Low SX8300PI Price Change
1693.50 1715.60 1689.15 1714.43 +21.89
Entry Signal

MarketClub’s Trade Triangles for SX8300PI

long term down The long term trend has been DOWN since Aug 11th, 2017 at 1738.37

intermediate term up The intermediate term trend has been UP since Jan 9th, 2018 at 1711.37

short term up The short term trend has been UP since Jan 22nd, 2018 at 1709.42

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
1693.50 1715.60 1689.15 1714.43 +21.89
Prev. Close Volume Bid Ask Time
1714.43 0 2018-01-22 11:30:00
52wk High1878.1852wk High Date2017-02-20
52wk Low1629.7952wk Low Date2017-12-06
Want to analyze OMX STOCKHOLM BANKS PI SX8300PI or another symbol? Try our Free Index Trend Analysis Report.