Index Trend Analysis Report
Prepared for you on Tuesday, July 17, 2018.
DJ US IRON & STEEL (INDEX:DWCSTL)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 DWCSTL
The long term trend has been UP since Oct 20th, 2017 at 2580.69
The intermediate term trend has been DOWN since Jun 19th, 2018 at 2924.31
The short term trend has been UP since Jul 3rd, 2018 at 2874.30
Smart Scan Analysis for DWCSTL
Based on a pre-defined weighted trend formula for chart analysis, DWCSTL scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3180.17||52wk High Date||2018-02-20|
|52wk Low||2284.78||52wk Low Date||2017-08-21|