Index Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
DJ EUROPE (EX UK) HEALTH CARE STOCK INDEX (INDEX:E2HCR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 E2HCR
The long term trend has been DOWN since Nov 10th, 2017 at 1203.89
The intermediate term trend has been DOWN since Oct 22nd, 2017 at 1253.93
The short term trend has been UP since Nov 14th, 2017 at 1201.90
Smart Scan Analysis for E2HCR
Based on a pre-defined weighted trend formula for chart analysis, E2HCR scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1283.17||52wk High Date||2017-10-04|
|52wk Low||957.97||52wk Low Date||2016-11-23|