Index Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
OMX Baltic Financials PI (NASDAQ:B8000PI)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 B8000PI
The long term trend has been UP since Mar 1st, 2019 at 626.60
The intermediate term trend has been DOWN since May 24th, 2019 at 624.23
The short term trend has been DOWN since May 23rd, 2019 at 628.92
Smart Scan Analysis for B8000PI
Based on a pre-defined weighted trend formula for chart analysis, B8000PI scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||783.38||52wk High Date||2018-01-30|
|52wk Low||583.25||52wk Low Date||2018-11-23|