Index Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
OMX STOCKHOLM UTIL PI (NASDAQ:SX7500PI)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 SX7500PI
The long term trend has been DOWN since Dec 21st, 2018 at 307.46
The intermediate term trend has been UP since Feb 12th, 2019 at 320.50
The short term trend has been DOWN since Feb 15th, 2019 at 308.27
Smart Scan Analysis for SX7500PI
Based on a pre-defined weighted trend formula for chart analysis, SX7500PI scored +55 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|