Index Trend Analysis Report
Prepared for you on Thursday, October 19, 2017.
DJ US DIVERSIFIED INDUSTRIALS (INDEX:DWCIDD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 DWCIDD
The long term trend has been DOWN since Jul 25th, 2017 at 4931.55
The intermediate term trend has been DOWN since Oct 11th, 2017 at 4868.31
The short term trend has been UP since Oct 16th, 2017 at 4918.04
Smart Scan Analysis for DWCIDD
Based on a pre-defined weighted trend formula for chart analysis, DWCIDD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5263.35||52wk High Date||2017-06-19|
|52wk Low||4589.24||52wk Low Date||2016-11-03|