Index Trend Analysis Report
Prepared for you on Saturday, February 17, 2018.
DJ MID-CAP NDS (INDEX:DJAUM)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 DJAUM
The long term trend has been DOWN since Feb 5th, 2018 at 459.73
The intermediate term trend has been DOWN since Feb 5th, 2018 at 466.17
The short term trend has been UP since Feb 14th, 2018 at 462.80
Smart Scan Analysis for DJAUM
Based on a pre-defined weighted trend formula for chart analysis, DJAUM scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||483.42||52wk High Date||2018-02-02|
|52wk Low||406.73||52wk Low Date||2017-03-16|