Index Trend Analysis Report
Prepared for you on Sunday, September 23, 2018.
DJ US OIL EQUIPMENT SERVICES DIST TOTAL ST IND (INDEX:DWCOSD)
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 DWCOSD
The long term trend has been DOWN since Aug 15th, 2018 at 4498.92
The intermediate term trend has been DOWN since Jul 23rd, 2018 at 4524.96
The short term trend has been UP since Sep 11th, 2018 at 4359.01
Smart Scan Analysis for DWCOSD
Based on a pre-defined weighted trend formula for chart analysis, DWCOSD scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5207.59||52wk High Date||2018-01-23|
|52wk Low||4089.3||52wk Low Date||2018-04-02|