Index Trend Analysis Report
Prepared for you on Sunday, July 21, 2019.
OMX Helsinki Oil & Gas Producers GI (NASDAQ:HX0530GI)
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 HX0530GI
The long term trend has been UP since Apr 13th, 2017 at 4029.45
The intermediate term trend has been UP since Jul 16th, 2019 at 10875.13
The short term trend has been DOWN since Jul 18th, 2019 at 10825.31
Smart Scan Analysis for HX0530GI
Based on a pre-defined weighted trend formula for chart analysis, HX0530GI scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||8822.35||52wk High Date||2018-08-28|
|52wk Low||5791.85||52wk Low Date||2017-12-07|