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Index Trend Analysis Report

Prepared for you on Thursday, July 18, 2019.

OMX_Nordic_Mid_Cap_DKK_PI (NASDAQ:OMXNMCDKKPI)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.

NASDAQ_OMXNMCDKKPI
Open High Low OMXNMCDKKPI Price Change
543.05 543.05 537.93 539.97 -3.52
Entry Signal

MarketClub’s Trade Triangles for OMXNMCDKKPI

long term up The long term trend has been UP since Mar 1st, 2019 at 518.81

intermediate term down The intermediate term trend has been DOWN since Jul 18th, 2019 at 538.39

short term down The short term trend has been DOWN since Jul 16th, 2019 at 544.62

Smart Scan Analysis for OMXNMCDKKPI

Based on a pre-defined weighted trend formula for chart analysis, OMXNMCDKKPI scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for OMXNMCDKKPI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
543.05 543.05 537.93 539.97 -3.52
Prev. Close Volume Bid Ask Time
519.22 0 2019-07-18 11:33:00
52wk High567.3552wk High Date2018-01-10
52wk Low475.8952wk Low Date2018-10-26
Want to analyze OMX_Nordic_Mid_Cap_DKK_PI OMXNMCDKKPI or another symbol? Try our Free Index Trend Analysis Report.