Index Trend Analysis Report
Prepared for you on Tuesday, April 23, 2019.
OMX Stockholm Health Care GI (NASDAQ:SX4000GI)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.
MarketClub’s Trade Triangles for SX4000GI
The long term trend has been UP since Feb 15th, 2019 at 2677.71
The intermediate term trend has been DOWN since Mar 29th, 2019 at 2722.76
The short term trend has been DOWN since Apr 9th, 2019 at 2777.21
Smart Scan Analysis for SX4000GI
Based on a pre-defined weighted trend formula for chart analysis, SX4000GI scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2869.88||52wk High Date||2018-09-04|
|52wk Low||1896.48||52wk Low Date||2018-02-06|