Index Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
DJ AMERICAS TELECOM INDEX (INDEX:A1TLS)
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 A1TLS
The long term trend has been UP since Aug 6th, 2018 at 204.16
The intermediate term trend has been DOWN since Oct 10th, 2018 at 208.34
The short term trend has been UP since Oct 16th, 2018 at 206.02
Smart Scan Analysis for A1TLS
Based on a pre-defined weighted trend formula for chart analysis, A1TLS scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||228.34||52wk High Date||2018-02-01|
|52wk Low||190.92||52wk Low Date||2018-05-09|