Index Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
DJ US TIRES INDEX (INDEX:DJUSTR)
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 DJUSTR
The long term trend has been DOWN since Jul 28th, 2017 at 109.67
The intermediate term trend has been UP since Nov 27th, 2017 at 107.64
The short term trend has been DOWN since Dec 14th, 2017 at 108.96
Smart Scan Analysis for DJUSTR
Based on a pre-defined weighted trend formula for chart analysis, DJUSTR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||130.92||52wk High Date||2017-03-16|
|52wk Low||100.77||52wk Low Date||2017-11-10|