Index Trend Analysis Report
Prepared for you on Tuesday, November 20, 2018.
DJ US SELECT HEALTH CARE PROVIDERS INDEX (INDEX:DJSHCP)
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 DJSHCP
The long term trend has been UP since Oct 27th, 2017 at 16069.09
The intermediate term trend has been UP since Nov 7th, 2018 at 20996.51
The short term trend has been DOWN since Nov 13th, 2018 at 21064.59
Smart Scan Analysis for DJSHCP
Based on a pre-defined weighted trend formula for chart analysis, DJSHCP scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||21525.61||52wk High Date||2018-10-01|
|52wk Low||15559.33||52wk Low Date||2017-11-20|