Index Trend Analysis Report
Prepared for you on Saturday, March 17, 2018.
DJ COMPOSITE INTERNET (INDEX:DJINET)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Feb 20th, 2018 at 552.62
The short term trend has been UP since Mar 5th, 2018 at 561.14
Smart Scan Analysis for DJINET
Based on a pre-defined weighted trend formula for chart analysis, DJINET scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||592.68||52wk High Date||2018-03-13|
|52wk Low||384.54||52wk Low Date||2017-03-27|