Index Trend Analysis Report
Prepared for you on Sunday, January 20, 2019.
DJ MID-CAP NDS (INDEX:DJAUM)
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 DJAUM
The long term trend has been DOWN since Oct 8th, 2018 at 496.47
The intermediate term trend has been UP since Jan 9th, 2019 at 450.11
The short term trend has been UP since Jan 6th, 2019 at 442.56
Smart Scan Analysis for DJAUM
Based on a pre-defined weighted trend formula for chart analysis, DJAUM scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||524.64||52wk High Date||2018-09-03|
|52wk Low||445.46||52wk Low Date||2018-11-21|