Index Trend Analysis Report
Prepared for you on Monday, September 16, 2019.
OMX Copenhagen Media GI (NASDAQ:CX5500GI)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 CX5500GI
The long term trend has been UP since Feb 7th, 2019 at 1251.99
The intermediate term trend has been UP since Aug 29th, 2019 at 1441.23
The short term trend has been DOWN since Sep 13th, 2019 at 1445.49
Smart Scan Analysis for CX5500GI
Based on a pre-defined weighted trend formula for chart analysis, CX5500GI scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1349.24||52wk High Date||2018-08-14|
|52wk Low||1082.68||52wk Low Date||2017-11-30|