Index Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
DJ ARABIA TITANS 50 INDEX (INDEX:DJARB50)
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 DJARB50
The long term trend has been UP since Jul 11th, 2018 at 274.15
The intermediate term trend has been DOWN since Sep 24th, 2018 at 275.57
The short term trend has been UP since Oct 17th, 2018 at 276.69
Smart Scan Analysis for DJARB50
Based on a pre-defined weighted trend formula for chart analysis, DJARB50 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||283.77||52wk High Date||2018-08-08|
|52wk Low||251.66||52wk Low Date||2017-11-21|