Index Trend Analysis Report
Prepared for you on Monday, July 23, 2018.
DJ US SELECT HEALTH CARE PROVIDERS INDEX (INDEX:DJSHCP)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 DJSHCP
The long term trend has been UP since Oct 27th, 2017 at 16069.09
The intermediate term trend has been UP since Apr 16th, 2018 at 17307.89
The short term trend has been DOWN since Jul 17th, 2018 at 19429.40
Smart Scan Analysis for DJSHCP
Based on a pre-defined weighted trend formula for chart analysis, DJSHCP scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||19643.01||52wk High Date||2018-07-13|
|52wk Low||14903.46||52wk Low Date||2017-10-13|