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Index Trend Analysis Report

Prepared for you on Thursday, December 12, 2019.

OMX_Nordic_Mid_Cap_DKK_GI (NASDAQ:OMXNMCDKKGI)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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_OMXNMCDKKGI
Open High Low OMXNMCDKKGI Price Change
285.46 285.80 284.24 285.43 +0.38
Entry Signal

MarketClub’s Trade Triangles for OMXNMCDKKGI

long term up The long term trend has been UP since Nov 1st, 2019 at 260.78

intermediate term up The intermediate term trend has been UP since Oct 22nd, 2019 at 255.45

short term up The short term trend has been UP since Dec 11th, 2019 at 284.48

Smart Scan Analysis for OMXNMCDKKGI

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

+100
Smart Scan Analysis for OMXNMCDKKGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
285.46 285.80 284.24 285.43 +0.38
Prev. Close Volume Bid Ask Time
284.48 0 2019-12-12 11:34:00
52wk High258.0852wk High Date2018-01-10
52wk Low222.0552wk Low Date2018-10-26
Want to analyze OMX_Nordic_Mid_Cap_DKK_GI OMXNMCDKKGI or another symbol? Try our Free Index Trend Analysis Report.