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Index Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

OMX_Nordic_Mid_Cap_SEK_GI (NASDAQ:OMXNMCSEKGI)

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_OMXNMCSEKGI
Open High Low OMXNMCSEKGI Price Change
279.90 282.75 279.90 282.74 +3.29
Entry Signal

MarketClub’s Trade Triangles for OMXNMCSEKGI

long term down The long term trend has been DOWN since Aug 15th, 2019 at 277.36

intermediate term down The intermediate term trend has been DOWN since Aug 5th, 2019 at 290.52

short term down The short term trend has been DOWN since Aug 13th, 2019 at 288.02

Smart Scan Analysis for OMXNMCSEKGI

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

-90
Smart Scan Analysis for OMXNMCSEKGI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
279.90 282.75 279.90 282.74 +3.29
Prev. Close Volume Bid Ask Time
285.21 0 2019-08-16 11:34:00
52wk High288.9552wk High Date2018-08-28
52wk Low245.2652wk Low Date2018-02-06
Want to analyze OMX_Nordic_Mid_Cap_SEK_GI OMXNMCSEKGI or another symbol? Try our Free Index Trend Analysis Report.