Index Trend Analysis Report
Prepared for you on Monday, October 22, 2018.
DJ US FOOD & BEVERAGE (INDEX:DJUSFB)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 DJUSFB
The long term trend has been DOWN since Oct 11th, 2018 at 566.69
The intermediate term trend has been DOWN since Sep 27th, 2018 at 578.29
The short term trend has been UP since Oct 17th, 2018 at 574.58
Smart Scan Analysis for DJUSFB
Based on a pre-defined weighted trend formula for chart analysis, DJUSFB scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||632.53||52wk High Date||2018-01-29|
|52wk Low||534.81||52wk Low Date||2018-05-03|