Index Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
DJ ISLAMIC MARKET ASIA/PACIFIC SMALL-CAP (INDEX:DJIAPS)
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 DJIAPS
The long term trend has been UP since Feb 15th, 2017 at 1598.46
The intermediate term trend has been DOWN since Mar 23rd, 2018 at 2000.86
The short term trend has been UP since May 18th, 2018 at 2032.15
Smart Scan Analysis for DJIAPS
Based on a pre-defined weighted trend formula for chart analysis, DJIAPS scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2135.9||52wk High Date||2018-01-29|
|52wk Low||1675.14||52wk Low Date||2017-05-29|