Index Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
DJ US HOTELS (INDEX:DWCHTL)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 DWCHTL
The long term trend has been UP since Nov 14th, 2016 at 5563.97
The intermediate term trend has been UP since Apr 18th, 2018 at 9421.93
The short term trend has been DOWN since May 17th, 2018 at 9346.63
Smart Scan Analysis for DWCHTL
Based on a pre-defined weighted trend formula for chart analysis, DWCHTL scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||10015.33||52wk High Date||2018-01-29|
|52wk Low||7236.71||52wk Low Date||2017-08-18|