Index Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
OMX Baltic Utilities PI (NASDAQ:B7000PI)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 B7000PI
The long term trend has been UP since Nov 19th, 2019 at 1340.07
The intermediate term trend has been UP since Oct 21st, 2019 at 1326.14
The short term trend has been UP since Dec 2nd, 2019 at 1324.47
Smart Scan Analysis for B7000PI
Based on a pre-defined weighted trend formula for chart analysis, B7000PI scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1514.13||52wk High Date||2018-05-02|
|52wk Low||1180.84||52wk Low Date||2017-12-13|