Index Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
DJ GBL SELECT REIT (INDEX:DWGRT)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 DWGRT
The long term trend has been UP since May 10th, 2018 at 1251.80
The intermediate term trend has been UP since Apr 27th, 2018 at 1231.25
The short term trend has been UP since May 21st, 2018 at 1218.50
Smart Scan Analysis for DWGRT
Based on a pre-defined weighted trend formula for chart analysis, DWGRT scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1315.07||52wk High Date||2017-12-18|
|52wk Low||1165.56||52wk Low Date||2018-02-09|