Index Trend Analysis Report
Prepared for you on Sunday, June 24, 2018.
DJ EUROPE UTIL STOCK INDEX (INDEX:E1UTI)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 E1UTI
The long term trend has been UP since May 4th, 2018 at 302.12
The intermediate term trend has been DOWN since May 16th, 2018 at 295.01
The short term trend has been DOWN since Jun 15th, 2018 at 286.03
Smart Scan Analysis for E1UTI
Based on a pre-defined weighted trend formula for chart analysis, E1UTI scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||311.2||52wk High Date||2017-12-06|
|52wk Low||267.19||52wk Low Date||2018-02-09|