Index Trend Analysis Report
Prepared for you on Sunday, March 24, 2019.
OMX Copenhagen Nonlife Insurance GI (NASDAQ:CX8530GI)
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 CX8530GI
The long term trend has been UP since Nov 2nd, 2018 at 3920.79
The intermediate term trend has been UP since Jan 16th, 2019 at 3942.10
The short term trend has been DOWN since Mar 21st, 2019 at 4459.19
Smart Scan Analysis for CX8530GI
Based on a pre-defined weighted trend formula for chart analysis, CX8530GI scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4146.18||52wk High Date||2018-11-09|
|52wk Low||3382.79||52wk Low Date||2018-02-06|