Index Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
OMX Helsinki Construction & Materials PI (NASDAQ:HX2300PI)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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 HX2300PI
The long term trend has been DOWN since May 7th, 2019 at 586.62
The intermediate term trend has been DOWN since Jul 22nd, 2019 at 563.26
The short term trend has been DOWN since Jul 29th, 2019 at 562.53
Smart Scan Analysis for HX2300PI
Based on a pre-defined weighted trend formula for chart analysis, HX2300PI scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||967.57||52wk High Date||2018-01-15|
|52wk Low||548.78||52wk Low Date||2018-10-26|