Index Trend Analysis Report
Prepared for you on Saturday, September 22, 2018.
DJ US SEMICONDUCTORS (INDEX:DWCSEM)
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 DWCSEM
The long term trend has been DOWN since Sep 12th, 2018 at 27368.14
The intermediate term trend has been DOWN since Sep 12th, 2018 at 27368.14
The short term trend has been UP since Sep 14th, 2018 at 28567.56
Smart Scan Analysis for DWCSEM
Based on a pre-defined weighted trend formula for chart analysis, DWCSEM scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||31080.63||52wk High Date||2018-06-07|
|52wk Low||23338.21||52wk Low Date||2017-09-25|