Index Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
DJ AMERICAS STOCK INDEX (INDEX:A1DOW)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 A1DOW
The long term trend has been DOWN since Oct 11th, 2018 at 649.36
The intermediate term trend has been DOWN since Oct 5th, 2018 at 682.28
The short term trend has been DOWN since Nov 15th, 2018 at 639.90
Smart Scan Analysis for A1DOW
Based on a pre-defined weighted trend formula for chart analysis, A1DOW scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||698.17||52wk High Date||2018-09-21|
|52wk Low||607.62||52wk Low Date||2018-02-09|