Index Trend Analysis Report
Prepared for you on Sunday, August 25, 2019.
OMX Baltic Consumer Services PI (NASDAQ:B5000PI)
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 B5000PI
The long term trend has been DOWN since Apr 6th, 2018 at 1567.15
The intermediate term trend has been DOWN since May 7th, 2019 at 1378.26
The short term trend has been DOWN since Aug 12th, 2019 at 1295.75
Smart Scan Analysis for B5000PI
Based on a pre-defined weighted trend formula for chart analysis, B5000PI scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1705.35||52wk High Date||2018-02-28|
|52wk Low||1355.58||52wk Low Date||2018-11-15|