Index Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
OMX Stockholm Aerospace & Defense PI (NASDAQ:SX2710PI)
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.
MarketClub’s Trade Triangles for SX2710PI
The long term trend has been DOWN since Oct 23rd, 2018 at 2545.37
The intermediate term trend has been UP since Jun 10th, 2019 at 2236.57
The short term trend has been DOWN since Jul 18th, 2019 at 2391.43
Smart Scan Analysis for SX2710PI
Based on a pre-defined weighted trend formula for chart analysis, SX2710PI scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3252.72||52wk High Date||2018-10-03|
|52wk Low||2357.17||52wk Low Date||2018-10-26|