Index Trend Analysis Report
Prepared for you on Monday, August 20, 2018.
DJ GLOBAL REAL ESTATE YIELD TRUST (INDEX:DJGREYT)
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 DJGREYT
The long term trend has been UP since May 25th, 2018 at 2502.60
The intermediate term trend has been DOWN since Jul 27th, 2018 at 2567.42
The short term trend has been UP since Aug 14th, 2018 at 2490.06
Smart Scan Analysis for DJGREYT
Based on a pre-defined weighted trend formula for chart analysis, DJGREYT scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2668.71||52wk High Date||2018-07-09|
|52wk Low||2273.43||52wk Low Date||2018-03-02|