Index Trend Analysis Report
Prepared for you on Thursday, February 23, 2017.
DJ US SELECT REIT NET TOTAL RETURN (INDEX:DWRTFN)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 Oct 4th, 2016 at 2106.89
The intermediate term trend has been UP since Feb 21st, 2017 at 2127.65
The short term trend has been UP since Feb 16th, 2017 at 2127.04
Smart Scan Analysis for DWRTFN
Based on a pre-defined weighted trend formula for chart analysis, DWRTFN scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2307.05||52wk High Date||2016-07-29|
|52wk Low||1859.64||52wk Low Date||2016-02-24|