Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
DJ ISRAEL SELECT CONSUMER INDEX TRUST (INDEX:DJILSCST)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 DJILSCST
The long term trend has been UP since Aug 26th, 2018 at 1613.61
The intermediate term trend has been DOWN since Dec 6th, 2018 at 1609.47
The short term trend has been DOWN since Dec 6th, 2018 at 1609.81
Smart Scan Analysis for DJILSCST
Based on a pre-defined weighted trend formula for chart analysis, DJILSCST scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1746.44||52wk High Date||2018-01-09|
|52wk Low||1503.33||52wk Low Date||2018-08-05|