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Index Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

OMX_Nordic_Mid_Cap_EUR_PI (NASDAQ:OMXNMCEURPI)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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_OMXNMCEURPI
Open High Low OMXNMCEURPI Price Change
627.51 632.59 627.51 631.50 +5.18
Entry Signal

MarketClub’s Trade Triangles for OMXNMCEURPI

long term up The long term trend has been UP since Nov 1st, 2019 at 541.98

intermediate term up The intermediate term trend has been UP since Oct 22nd, 2019 at 531.71

short term up The short term trend has been UP since Jan 9th, 2020 at 616.12

Smart Scan Analysis for OMXNMCEURPI

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

+90
Smart Scan Analysis for OMXNMCEURPI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
627.51 632.59 627.51 631.50 +5.18
Prev. Close Volume Bid Ask Time
617.05 0 2020-01-17 11:32:00
52wk High565.7952wk High Date2018-01-10
52wk Low473.7152wk Low Date2018-10-26
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