Index Trend Analysis Report
Prepared for you on Tuesday, November 12, 2019.
OMX Helsinki Oil & Gas Producers GI (NASDAQ:HX0530GI)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 Oct 23rd, 2019 at 11230.99
The intermediate term trend has been UP since Sep 19th, 2019 at 10373.36
The short term trend has been DOWN since Nov 11th, 2019 at 11670.85
Smart Scan Analysis for HX0530GI
Based on a pre-defined weighted trend formula for chart analysis, HX0530GI scored +55 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|