Index Trend Analysis Report
Prepared for you on Thursday, October 18, 2018.
OMX STOCKHOLM REAL ESTATE GI (NASDAQ:SX8600GI)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for SX8600GI
The long term trend has been UP since Apr 30th, 2018 at 2822.06
The intermediate term trend has been DOWN since Sep 28th, 2018 at 3150.83
The short term trend has been UP since Oct 17th, 2018 at 2995.41
Smart Scan Analysis for SX8600GI
Based on a pre-defined weighted trend formula for chart analysis, SX8600GI scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3258.83||52wk High Date||2018-09-17|
|52wk Low||2464.97||52wk Low Date||2018-02-06|