Index Trend Analysis Report
Prepared for you on Thursday, November 21, 2019.
OMX Helsinki Oil & Gas PI (NASDAQ:HX0001PI)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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 HX0001PI
The long term trend has been UP since Oct 23rd, 2019 at 8758.56
The intermediate term trend has been UP since Oct 23rd, 2019 at 8436.63
The short term trend has been DOWN since Nov 21st, 2019 at 8561.52
Smart Scan Analysis for HX0001PI
Based on a pre-defined weighted trend formula for chart analysis, HX0001PI scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||7078.63||52wk High Date||2018-08-14|
|52wk Low||4671.6||52wk Low Date||2017-11-30|