Index Trend Analysis Report
Prepared for you on Monday, March 25, 2019.
OMX Helsinki Technology PI (NASDAQ:HX9000PI)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 HX9000PI
The long term trend has been UP since Nov 1st, 2018 at 1233.65
The intermediate term trend has been DOWN since Mar 22nd, 2019 at 1283.70
The short term trend has been DOWN since Mar 20th, 2019 at 1334.24
Smart Scan Analysis for HX9000PI
Based on a pre-defined weighted trend formula for chart analysis, HX9000PI scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1335.31||52wk High Date||2018-05-11|
|52wk Low||985.36||52wk Low Date||2017-12-12|