Index Trend Analysis Report
Prepared for you on Tuesday, April 23, 2019.
OMX Helsinki Travel & Leisure PI (NASDAQ:HX5700PI)
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 HX5700PI
The long term trend has been UP since Feb 25th, 2019 at 1577.55
The intermediate term trend has been UP since Apr 15th, 2019 at 1615.21
The short term trend has been DOWN since Apr 18th, 2019 at 1601.93
Smart Scan Analysis for HX5700PI
Based on a pre-defined weighted trend formula for chart analysis, HX5700PI scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2348.38||52wk High Date||2017-12-11|
|52wk Low||1227.87||52wk Low Date||2018-10-11|