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Index Trend Analysis Report

Prepared for you on Sunday, November 19, 2017.

OMX STOCKHOLM BANKS PI (NASDAQ:SX8300PI)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend 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_SX8300PI
Open High Low SX8300PI Price Change
1691.24 1695.06 1661.08 1663.12 -23.59
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 down The intermediate term trend has been DOWN since Oct 24th, 2017 at 1784.71

short term down The short term trend has been DOWN since Nov 9th, 2017 at 1718.35

Smart Scan Analysis for SX8300PI

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

-100
Smart Scan Analysis for SX8300PI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1691.24 1695.06 1661.08 1663.12 -23.59
Prev. Close Volume Bid Ask Time
1663.35 0 2017-11-17 11:20:00
52wk High1878.1852wk High Date2017-02-20
52wk Low1673.3752wk Low Date2016-11-28
Want to analyze OMX STOCKHOLM BANKS PI SX8300PI or another symbol? Try our Free Index Trend Analysis Report.