Index Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
DJ US GENERAL MINING (INDEX:DWCMNG)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since Aug 7th, 2018 at 1274.49
The short term trend has been DOWN since Aug 7th, 2018 at 1274.49
Smart Scan Analysis for DWCMNG
Based on a pre-defined weighted trend formula for chart analysis, DWCMNG scored -90 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|