Index Trend Analysis Report
Prepared for you on Sunday, August 18, 2019.
OMX Stockholm Travel & Leisure PI (NASDAQ:SX5700PI)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SX5700PI
The long term trend has been DOWN since Aug 5th, 2019 at 2373.40
The intermediate term trend has been DOWN since Jul 30th, 2019 at 2472.56
The short term trend has been DOWN since Jul 24th, 2019 at 2575.84
Smart Scan Analysis for SX5700PI
Based on a pre-defined weighted trend formula for chart analysis, SX5700PI scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2762.58||52wk High Date||2018-01-15|
|52wk Low||2168.35||52wk Low Date||2018-10-24|