Index Trend Analysis Report
Prepared for you on Monday, February 19, 2018.
DJ US SELECT REIT NET TOTAL RETURN (INDEX:DWRTFN)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 DWRTFN
The long term trend has been DOWN since Jan 10th, 2018 at 2077.94
The intermediate term trend has been DOWN since Dec 20th, 2017 at 2127.16
The short term trend has been UP since Feb 15th, 2018 at 1954.60
Smart Scan Analysis for DWRTFN
Based on a pre-defined weighted trend formula for chart analysis, DWRTFN scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2211.55||52wk High Date||2017-12-18|
|52wk Low||1882.42||52wk Low Date||2018-02-09|