Analyze Symbol

Index Trend Analysis Report

Prepared for you on Wednesday, December 11, 2019.

OMX Stockholm Basic Resources GI (NASDAQ:SX1700GI)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

NASDAQ_SX1700GI
Open High Low SX1700GI Price Change
2130.87 2135.44 2112.27 2118.21 -4.48
Entry Signal

MarketClub’s Trade Triangles for SX1700GI

long term up The long term trend has been UP since Sep 10th, 2019 at 1943.68

intermediate term down The intermediate term trend has been DOWN since Nov 28th, 2019 at 2127.36

short term up The short term trend has been UP since Dec 5th, 2019 at 2117.91

Smart Scan Analysis for SX1700GI

Based on a pre-defined weighted trend formula for chart analysis, SX1700GI scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for SX1700GI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2130.87 2135.44 2112.27 2118.21 -4.48
Prev. Close Volume Bid Ask Time
2138.32 0 2019-12-11 05:41:00
52wk High2341.2152wk High Date2018-05-21
52wk Low1635.7352wk Low Date2018-11-27
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