Index Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
OMX Stockholm Utilities PI (NASDAQ:SX7500PI)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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.
MarketClub’s Trade Triangles for SX7500PI
The long term trend has been UP since Mar 12th, 2019 at 330.48
The intermediate term trend has been DOWN since Jul 9th, 2019 at 359.23
The short term trend has been UP since Jul 23rd, 2019 at 367.74
Smart Scan Analysis for SX7500PI
Based on a pre-defined weighted trend formula for chart analysis, SX7500PI scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||366.96||52wk High Date||2018-10-04|
|52wk Low||244.86||52wk Low Date||2017-12-18|