Index Trend Analysis Report
Prepared for you on Friday, April 26, 2019.
PHLX Oil Service Sector (NASDAQ:OSX)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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.
MarketClub’s Trade Triangles for OSX
The long term trend has been UP since Apr 8th, 2019 at 99.89
The intermediate term trend has been UP since Mar 18th, 2019 at 97.38
The short term trend has been DOWN since Apr 24th, 2019 at 98.98
Smart Scan Analysis for OSX
Based on a pre-defined weighted trend formula for chart analysis, OSX scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||172.32||52wk High Date||2018-05-22|
|52wk Low||103.01||52wk Low Date||2018-11-23|