Index Trend Analysis Report
Prepared for you on Friday, October 20, 2017.
DJ GLOBAL SELECT DIVIDEND (INDEX:DJGSD)
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 DJGSD
The long term trend has been UP since Dec 13th, 2016 at 223.82
The intermediate term trend has been UP since Sep 7th, 2017 at 238.40
The short term trend has been DOWN since Oct 20th, 2017 at 242.29
Smart Scan Analysis for DJGSD
Based on a pre-defined weighted trend formula for chart analysis, DJGSD scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||243.89||52wk High Date||2017-10-13|
|52wk Low||208.91||52wk Low Date||2016-11-09|