Index Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
OMX Baltic Basic Materials GI (NASDAQ:B1000GI)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.
MarketClub’s Trade Triangles for B1000GI
The long term trend has been DOWN since Jan 10th, 2020 at 1256.42
The intermediate term trend has been DOWN since Jan 7th, 2020 at 1327.05
The short term trend has been DOWN since Jan 29th, 2020 at 1131.44
Smart Scan Analysis for B1000GI
Based on a pre-defined weighted trend formula for chart analysis, B1000GI scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1801.85||52wk High Date||2018-08-01|
|52wk Low||1465.2||52wk Low Date||2018-11-27|