Index Trend Analysis Report
Prepared for you on Saturday, April 21, 2018.
OMX STOCKHOLM REAL ESTATE GI (NASDAQ:SX8600GI)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.
MarketClub’s Trade Triangles for SX8600GI
The long term trend has been DOWN since Jan 30th, 2018 at 2672.23
The intermediate term trend has been UP since Feb 26th, 2018 at 2645.68
The short term trend has been UP since Apr 13th, 2018 at 2702.19
Smart Scan Analysis for SX8600GI
Based on a pre-defined weighted trend formula for chart analysis, SX8600GI scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2882.19||52wk High Date||2017-06-08|
|52wk Low||2464.97||52wk Low Date||2018-02-06|