Index Trend Analysis Report
Prepared for you on Monday, June 17, 2019.
Dow Jones Sweden Index (INDEX:SEDOW)
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.
MarketClub’s Trade Triangles for SEDOW
The long term trend has been UP since Feb 5th, 2019 at 928.13
The intermediate term trend has been UP since Jun 12th, 2019 at 985.89
The short term trend has been DOWN since Jun 14th, 2019 at 984.11
Smart Scan Analysis for SEDOW
Based on a pre-defined weighted trend formula for chart analysis, SEDOW scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1004.41||52wk High Date||2018-10-03|
|52wk Low||856.01||52wk Low Date||2018-11-20|