Analyze Symbol

Index Trend Analysis Report

Prepared for you on Monday, August 19, 2019.

OMX Stockholm Basic Resources GI (NASDAQ:SX1700GI)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.

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
1691.06 1718.94 1691.06 1718.13 +32.77
Entry Signal

MarketClub’s Trade Triangles for SX1700GI

long term down The long term trend has been DOWN since May 31st, 2019 at 1746.00

intermediate term down The intermediate term trend has been DOWN since Jul 16th, 2019 at 1808.45

short term up The short term trend has been UP since Aug 19th, 2019 at 1706.74

Smart Scan Analysis for SX1700GI

Based on a pre-defined weighted trend formula for chart analysis, SX1700GI scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for SX1700GI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1691.06 1718.94 1691.06 1718.13 +32.77
Prev. Close Volume Bid Ask Time
1795.64 0 2019-08-19 11:34:00
52wk High2341.2152wk High Date2018-05-21
52wk Low1635.7352wk Low Date2018-11-27
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