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Index Trend Analysis Report

Prepared for you on Saturday, January 18, 2020.

OMX Stockholm Benchmark_PI (NASDAQ:OMXSBPI)

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_OMXSBPI
Open High Low OMXSBPI Price Change
604.39 610.35 604.39 608.49 +4.37
Entry Signal

MarketClub’s Trade Triangles for OMXSBPI

long term up The long term trend has been UP since Sep 13th, 2019 at 549.84

intermediate term up The intermediate term trend has been UP since Dec 12th, 2019 at 581.49

short term up The short term trend has been UP since Jan 16th, 2020 at 599.91

Smart Scan Analysis for OMXSBPI

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

+90
Smart Scan Analysis for OMXSBPI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
604.39 610.35 604.39 608.49 +4.37
Prev. Close Volume Bid Ask Time
595.80 0 2020-01-17 11:31:00
52wk High552.7452wk High Date2018-08-29
52wk Low474.5852wk Low Date2018-11-20
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