Index Trend Analysis Report
Prepared for you on Friday, November 24, 2017.
DJ AMERICAS TELECOM INDEX (INDEX:A1TLS)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 A1TLS
The long term trend has been DOWN since Nov 1st, 2017 at 201.88
The intermediate term trend has been DOWN since Oct 12th, 2017 at 211.50
The short term trend has been UP since Nov 16th, 2017 at 197.97
Smart Scan Analysis for A1TLS
Based on a pre-defined weighted trend formula for chart analysis, A1TLS scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||232.82||52wk High Date||2017-01-05|
|52wk Low||194.13||52wk Low Date||2017-11-06|