Index Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
OMX Helsinki Oil & Gas GI (NASDAQ:HX0500GI)
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 HX0500GI
The long term trend has been UP since Oct 23rd, 2019 at 11230.99
The intermediate term trend has been UP since Oct 23rd, 2019 at 10818.19
The short term trend has been DOWN since Nov 7th, 2019 at 11685.28
Smart Scan Analysis for HX0500GI
Based on a pre-defined weighted trend formula for chart analysis, HX0500GI scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||8868.71||52wk High Date||2018-08-14|
|52wk Low||5763.32||52wk Low Date||2017-11-30|