Index Trend Analysis Report
Prepared for you on Monday, April 23, 2018.
DJ OIL & GAS TITANS 30 TOTAL RETURN (INDEX:DJTENGT)
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 DJTENGT
The long term trend has been DOWN since Feb 9th, 2018 at 855.90
The intermediate term trend has been UP since Apr 5th, 2018 at 903.49
The short term trend has been DOWN since Apr 23rd, 2018 at 963.95
Smart Scan Analysis for DJTENGT
Based on a pre-defined weighted trend formula for chart analysis, DJTENGT scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||995.12||52wk High Date||2018-01-25|
|52wk Low||769.18||52wk Low Date||2017-07-07|