Index Trend Analysis Report
Prepared for you on Tuesday, October 17, 2017.
DJ TITANS MEDIA (INDEX:DJTMDI)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 DJTMDI
The long term trend has been DOWN since Sep 28th, 2017 at 552.81
The intermediate term trend has been DOWN since Oct 12th, 2017 at 551.74
The short term trend has been UP since Oct 16th, 2017 at 554.09
Smart Scan Analysis for DJTMDI
Based on a pre-defined weighted trend formula for chart analysis, DJTMDI scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||592.5||52wk High Date||2017-08-01|
|52wk Low||488.82||52wk Low Date||2016-11-04|