Index Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
OMX Helsinki Automobiles & Parts PI (NASDAQ:HX3300PI)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 HX3300PI
The long term trend has been DOWN since May 6th, 2019 at 824.86
The intermediate term trend has been UP since Jan 2nd, 2020 at 752.60
The short term trend has been UP since Jan 9th, 2020 at 744.22
Smart Scan Analysis for HX3300PI
Based on a pre-defined weighted trend formula for chart analysis, HX3300PI scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1192.49||52wk High Date||2018-02-01|
|52wk Low||761.56||52wk Low Date||2018-11-14|