Index Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
OMX STOCKHOLM REAL ESTATE INVEST GI (NASDAQ:SX8630GI)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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.
MarketClub’s Trade Triangles for SX8630GI
The long term trend has been UP since Apr 30th, 2018 at 2820.67
The intermediate term trend has been UP since Jan 8th, 2019 at 3126.51
The short term trend has been UP since Jan 2nd, 2019 at 3059.99
Smart Scan Analysis for SX8630GI
Based on a pre-defined weighted trend formula for chart analysis, SX8630GI scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3245.51||52wk High Date||2018-09-17|
|52wk Low||2519.59||52wk Low Date||2018-02-06|