Index Trend Analysis Report
Prepared for you on Thursday, May 24, 2018.
DJ US TRANS SERVICES (INDEX:DWCTRS)
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 DWCTRS
The long term trend has been DOWN since Feb 22nd, 2018 at 3533.12
The intermediate term trend has been UP since May 11th, 2018 at 3699.24
The short term trend has been DOWN since May 23rd, 2018 at 3629.00
Smart Scan Analysis for DWCTRS
Based on a pre-defined weighted trend formula for chart analysis, DWCTRS scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||4168.74||52wk High Date||2018-01-29|
|52wk Low||3088.1||52wk Low Date||2017-05-31|