Index Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
DJ EUROPE (EX UK) HEALTH CARE STOCK INDEX (INDEX:E2HCR)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 E2HCR
The long term trend has been DOWN since Feb 8th, 2018 at 1199.11
The intermediate term trend has been DOWN since May 28th, 2018 at 1171.76
The short term trend has been UP since Jun 21st, 2018 at 1165.28
Smart Scan Analysis for E2HCR
Based on a pre-defined weighted trend formula for chart analysis, E2HCR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1333.75||52wk High Date||2018-01-26|
|52wk Low||1143.17||52wk Low Date||2018-06-19|