Index Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
OMX Copenhagen Oil & Gas GI (NASDAQ:CX0500GI)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 CX0500GI
The long term trend has been UP since Nov 7th, 2018 at 3935.20
The intermediate term trend has been UP since Jun 17th, 2019 at 4877.21
The short term trend has been DOWN since Jul 15th, 2019 at 5029.07
Smart Scan Analysis for CX0500GI
Based on a pre-defined weighted trend formula for chart analysis, CX0500GI scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4280.09||52wk High Date||2018-11-29|
|52wk Low||3008.26||52wk Low Date||2017-12-06|