Index Trend Analysis Report
Prepared for you on Wednesday, September 19, 2018.
DJ COMPOSITE INTERNET (INDEX:DJINET)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 DJINET
The long term trend has been UP since May 10th, 2016 at 314.25
The intermediate term trend has been UP since Aug 23rd, 2018 at 638.37
The short term trend has been DOWN since Sep 17th, 2018 at 633.23
Smart Scan Analysis for DJINET
Based on a pre-defined weighted trend formula for chart analysis, DJINET scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||664.45||52wk High Date||2018-07-25|
|52wk Low||444.1||52wk Low Date||2017-09-25|