Index Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
OMX Helsinki Construction & Materials GI (NASDAQ:HX2350GI)
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 HX2350GI
The long term trend has been UP since Oct 30th, 2019 at 792.74
The intermediate term trend has been UP since Oct 25th, 2019 at 756.07
The short term trend has been UP since Jan 14th, 2020 at 853.14
Smart Scan Analysis for HX2350GI
Based on a pre-defined weighted trend formula for chart analysis, HX2350GI scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1196.24||52wk High Date||2018-01-12|
|52wk Low||715.1||52wk Low Date||2018-10-29|