Index Trend Analysis Report
Prepared for you on Friday, March 23, 2018.
DJ US MTG REITS (INDEX:DWCMTG)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 Oct 26th, 2017 at 600.00
The intermediate term trend has been UP since Mar 12th, 2018 at 568.94
The short term trend has been DOWN since Mar 23rd, 2018 at 564.31
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||638.02||52wk High Date||2017-06-26|
|52wk Low||532.89||52wk Low Date||2018-02-06|