Index Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
OMX Helsinki General Retailers PI (NASDAQ:HX5370PI)
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 HX5370PI
The long term trend has been UP since Aug 8th, 2019 at 242.30
The intermediate term trend has been UP since Dec 23rd, 2019 at 322.14
The short term trend has been UP since Dec 11th, 2019 at 319.20
Smart Scan Analysis for HX5370PI
Based on a pre-defined weighted trend formula for chart analysis, HX5370PI scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||301.13||52wk High Date||2018-01-03|
|52wk Low||226.17||52wk Low Date||2018-11-29|