Index Trend Analysis Report
Prepared for you on Monday, October 23, 2017.
DJ GBL SELECT REIT (INDEX:DWGRT)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DWGRT
The long term trend has been DOWN since Jul 6th, 2017 at 1245.76
The intermediate term trend has been DOWN since Sep 24th, 2017 at 1260.14
The short term trend has been DOWN since Oct 16th, 2017 at 1276.52
Smart Scan Analysis for DWGRT
Based on a pre-defined weighted trend formula for chart analysis, DWGRT scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1299||52wk High Date||2017-06-14|
|52wk Low||1185.2||52wk Low Date||2016-11-10|