Index Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
OMX Helsinki Basic Materials PI (NASDAQ:HX1000PI)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. 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 HX1000PI
The long term trend has been UP since Sep 10th, 2019 at 1196.27
The intermediate term trend has been UP since Aug 30th, 2019 at 1121.65
The short term trend has been UP since Oct 8th, 2019 at 1198.61
Smart Scan Analysis for HX1000PI
Based on a pre-defined weighted trend formula for chart analysis, HX1000PI scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1678.65000000||52wk High Date||2018-06-07|
|52wk Low||1147.01000000||52wk Low Date||2018-11-28|