Index Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
OMX Copenhagen Automobiles & Parts GI (NASDAQ:CX3350GI)
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 CX3350GI
The long term trend has been UP since May 6th, 2019 at 594.90
The intermediate term trend has been DOWN since Sep 11th, 2019 at 549.58
The short term trend has been DOWN since Sep 5th, 2019 at 589.24
Smart Scan Analysis for CX3350GI
Based on a pre-defined weighted trend formula for chart analysis, CX3350GI scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||798.87||52wk High Date||2018-03-28|
|52wk Low||526.91||52wk Low Date||2018-10-10|