Index Trend Analysis Report
Prepared for you on Friday, November 24, 2017.
DJ EUROPE UTIL STOCK INDEX (INDEX:E1UTI)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 E1UTI
The long term trend has been UP since Mar 2nd, 2017 at 244.48
The intermediate term trend has been DOWN since Nov 17th, 2017 at 292.75
The short term trend has been UP since Nov 22nd, 2017 at 291.23
Smart Scan Analysis for E1UTI
Based on a pre-defined weighted trend formula for chart analysis, E1UTI scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||308.69||52wk High Date||2017-09-12|
|52wk Low||224.72||52wk Low Date||2016-11-25|