Index Trend Analysis Report
Prepared for you on Wednesday, March 20, 2019.
OMX Baltic Construction & Materials GI (NASDAQ:B2300GI)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 B2300GI
The long term trend has been UP since Feb 14th, 2019 at 1426.46
The intermediate term trend has been UP since Jan 25th, 2019 at 1372.35
The short term trend has been DOWN since Mar 14th, 2019 at 1476.26
Smart Scan Analysis for B2300GI
Based on a pre-defined weighted trend formula for chart analysis, B2300GI scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1578.43||52wk High Date||2018-03-27|
|52wk Low||1271.03||52wk Low Date||2018-02-06|