Index Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
DJ MID-CAP NDS (INDEX:DJAUM)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 DJAUM
The long term trend has been UP since Apr 30th, 2018 at 483.42
The intermediate term trend has been UP since Apr 15th, 2018 at 469.35
The short term trend has been DOWN since May 15th, 2018 at 490.85
Smart Scan Analysis for DJAUM
Based on a pre-defined weighted trend formula for chart analysis, DJAUM scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||495.16||52wk High Date||2018-05-14|
|52wk Low||424.24||52wk Low Date||2017-08-11|