Analyze Symbol

Index Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

OMX_Nordic_Mid_Cap_DKK_GI (NASDAQ:OMXNMCDKKGI)

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_OMXNMCDKKGI
Open High Low OMXNMCDKKGI Price Change
242.58 244.76 242.58 244.72 +2.43
Entry Signal

MarketClub’s Trade Triangles for OMXNMCDKKGI

long term down The long term trend has been DOWN since Aug 15th, 2019 at 242.97

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 257.01

short term down The short term trend has been DOWN since Aug 13th, 2019 at 249.29

Smart Scan Analysis for OMXNMCDKKGI

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

-90
Smart Scan Analysis for OMXNMCDKKGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
242.58 244.76 242.58 244.72 +2.43
Prev. Close Volume Bid Ask Time
247.47 0 2019-08-16 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.