Index Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
OMX Helsinki Leisure Goods PI (NASDAQ:HX3740PI)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 HX3740PI
The long term trend has been UP since Jan 10th, 2020 at 2341.49
The intermediate term trend has been UP since Oct 30th, 2019 at 2024.33
The short term trend has been UP since Jan 9th, 2020 at 2323.87
Smart Scan Analysis for HX3740PI
Based on a pre-defined weighted trend formula for chart analysis, HX3740PI scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2218.29||52wk High Date||2018-09-20|
|52wk Low||1599.53||52wk Low Date||2018-04-26|