Index Trend Analysis Report
Prepared for you on Monday, March 25, 2019.
OMX Helsinki Oil & Gas Producers PI (NASDAQ:HX0530PI)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 HX0530PI
The long term trend has been UP since Apr 13th, 2017 at 3382.05
The intermediate term trend has been UP since Jan 4th, 2019 at 6710.45
The short term trend has been DOWN since Mar 21st, 2019 at 8743.76
Smart Scan Analysis for HX0530PI
Based on a pre-defined weighted trend formula for chart analysis, HX0530PI scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||7041.63||52wk High Date||2018-08-28|
|52wk Low||4694.73||52wk Low Date||2017-12-07|