Index Trend Analysis Report
Prepared for you on Friday, August 23, 2019.
OMX Baltic Telecommunications PI (NASDAQ:B6000PI)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 DOWN since Jun 4th, 2019 at 1293.89
The intermediate term trend has been UP since Jul 2nd, 2019 at 1293.89
The short term trend has been UP since Aug 19th, 2019 at 1339.69
Smart Scan Analysis for B6000PI
Based on a pre-defined weighted trend formula for chart analysis, B6000PI scored -60 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|