Index Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
DJ US MTG REITS (INDEX:DWCMTG)
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 DWCMTG
The long term trend has been DOWN since Sep 27th, 2018 at 573.66
The intermediate term trend has been UP since Nov 7th, 2018 at 566.27
The short term trend has been DOWN since Dec 4th, 2018 at 564.16
Smart Scan Analysis for DWCMTG
Based on a pre-defined weighted trend formula for chart analysis, DWCMTG scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||624.23||52wk High Date||2017-12-18|
|52wk Low||532.89||52wk Low Date||2018-02-06|