Index Trend Analysis Report
Prepared for you on Saturday, June 24, 2017.
DJ EMERGING MARKETS TELECOM (INDEX:DWEMTL)
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 DWEMTL
The long term trend has been UP since Feb 9th, 2017 at 3244.10
The intermediate term trend has been DOWN since Jun 11th, 2017 at 3337.20
The short term trend has been UP since Jun 22nd, 2017 at 3325.62
Smart Scan Analysis for DWEMTL
Based on a pre-defined weighted trend formula for chart analysis, DWEMTL scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||3483||52wk High Date||2016-08-18|
|52wk Low||2982.22||52wk Low Date||2016-11-14|