Index Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
OMX Baltic Telecommunications PI (NASDAQ:B6000PI)
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 B6000PI
The long term trend has been UP since Oct 9th, 2019 at 1351.15
The intermediate term trend has been UP since Sep 30th, 2019 at 1345.42
The short term trend has been DOWN since Jan 28th, 2020 at 1505.73
Smart Scan Analysis for B6000PI
Based on a pre-defined weighted trend formula for chart analysis, B6000PI scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1339.69||52wk High Date||2018-04-20|
|52wk Low||1087.79||52wk Low Date||2017-12-15|