Index Trend Analysis Report
Prepared for you on Wednesday, May 22, 2019.
OMX Helsinki Oil & Gas PI (NASDAQ:HX0500PI)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 HX0500PI
The long term trend has been UP since Oct 9th, 2017 at 3561.52
The intermediate term trend has been UP since May 20th, 2019 at 8833.49
The short term trend has been UP since May 14th, 2019 at 8003.70
Smart Scan Analysis for HX0500PI
Based on a pre-defined weighted trend formula for chart analysis, HX0500PI scored +90 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|