Index Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
DJ US GENERAL MINING (INDEX:DWCMNG)
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 DWCMNG
The long term trend has been DOWN since Feb 14th, 2018 at 1253.05
The intermediate term trend has been UP since Apr 5th, 2018 at 1249.30
The short term trend has been DOWN since May 22nd, 2018 at 1332.12
Smart Scan Analysis for DWCMNG
Based on a pre-defined weighted trend formula for chart analysis, DWCMNG scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1494.38||52wk High Date||2018-01-03|
|52wk Low||1102.43||52wk Low Date||2018-03-02|