Index Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
DJ US OIL EQP SERVICE (INDEX:DJUSOQ)
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 DJUSOQ
The long term trend has been DOWN since Mar 28th, 2018 at 436.48
The intermediate term trend has been UP since Apr 11th, 2018 at 466.90
The short term trend has been DOWN since Apr 23rd, 2018 at 476.77
Smart Scan Analysis for DJUSOQ
Based on a pre-defined weighted trend formula for chart analysis, DJUSOQ scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||544.08||52wk High Date||2018-01-23|
|52wk Low||428.49||52wk Low Date||2018-04-02|