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Index Trend Analysis Report

Prepared for you on Sunday, August 18, 2019.

OMX Stockholm Telecommunications PI (NASDAQ:SX6500PI)

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.

NASDAQ_SX6500PI
Open High Low SX6500PI Price Change
1019.73 1028.96 1019.21 1027.08 +12.29
Entry Signal

MarketClub’s Trade Triangles for SX6500PI

long term up The long term trend has been UP since Jul 1st, 2019 at 1045.00

intermediate term down The intermediate term trend has been DOWN since Aug 5th, 2019 at 1030.87

short term down The short term trend has been DOWN since Aug 15th, 2019 at 1014.76

Smart Scan Analysis for SX6500PI

Based on a pre-defined weighted trend formula for chart analysis, SX6500PI scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for SX6500PI
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1019.73 1028.96 1019.21 1027.08 +12.29
Prev. Close Volume Bid Ask Time
1013.78 0 2019-08-16 11:34:00
52wk High1035.2652wk High Date2018-05-09
52wk Low872.8652wk Low Date2018-02-09
Want to analyze OMX Stockholm Telecommunications PI SX6500PI or another symbol? Try our Free Index Trend Analysis Report.