Index Trend Analysis Report
Prepared for you on Thursday, December 12, 2019.
OMX Baltic Consumer Goods PI (NASDAQ:B3000PI)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 B3000PI
The long term trend has been DOWN since May 16th, 2019 at 1156.96
The intermediate term trend has been DOWN since Dec 2nd, 2019 at 1104.25
The short term trend has been UP since Dec 11th, 2019 at 1102.24
Smart Scan Analysis for B3000PI
Based on a pre-defined weighted trend formula for chart analysis, B3000PI scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1400.33||52wk High Date||2018-01-08|
|52wk Low||1140.01||52wk Low Date||2018-11-29|