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Index Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

OMX Affarsvarldens Generalindex (NASDAQ:OMXAFGX)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

NASDAQ_OMXAFGX
Open High Low OMXAFGX Price Change
561.08 566.25 561.08 566.25 +6.93
Entry Signal

MarketClub’s Trade Triangles for OMXAFGX

long term down The long term trend has been DOWN since Jun 3rd, 2019 at 552.72

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 586.03

short term down The short term trend has been DOWN since Aug 13th, 2019 at 570.13

Smart Scan Analysis for OMXAFGX

Based on a pre-defined weighted trend formula for chart analysis, OMXAFGX scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for OMXAFGX
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
561.08 566.25 561.08 566.25 +6.93
Prev. Close Volume Bid Ask Time
572.56 0 2019-08-16 11:34:00
52wk High598.8752wk High Date2018-10-03
52wk Low515.6152wk Low Date2018-11-20
Want to analyze OMX Affarsvarldens Generalindex OMXAFGX or another symbol? Try our Free Index Trend Analysis Report.