Index Trend Analysis Report
Prepared for you on Wednesday, December 12, 2018.
DJ TITANS INDUSTRIES (INDEX:DJTIGS)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 DJTIGS
The long term trend has been DOWN since Oct 23rd, 2018 at 459.79
The intermediate term trend has been DOWN since Dec 7th, 2018 at 430.16
The short term trend has been UP since Dec 12th, 2018 at 425.03
Smart Scan Analysis for DJTIGS
Based on a pre-defined weighted trend formula for chart analysis, DJTIGS scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||526.9||52wk High Date||2018-01-29|
|52wk Low||426.86||52wk Low Date||2018-10-29|