Index Trend Analysis Report
Prepared for you on Thursday, October 19, 2017.
S&P/ASX200 CONSUMER (ASX:XDJ)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 XDJ
The long term trend has been DOWN since Aug 11th, 2017 at 2159.0
The intermediate term trend has been UP since Oct 2nd, 2017 at 2149.1
The short term trend has been UP since Oct 9th, 2017 at 2132.6
Smart Scan Analysis for XDJ
Based on a pre-defined weighted trend formula for chart analysis, XDJ scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1916.2||52wk High Date||2014-03-10|
|52wk Low||1673.3||52wk Low Date||2014-10-14|