Index Trend Analysis Report
Prepared for you on Sunday, July 23, 2017.
DJ EUROPE (EX UK) HEALTH CARE STOCK INDEX (INDEX:E2HCR)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 E2HCR
The long term trend has been UP since Feb 1st, 2017 at 1066.75
The intermediate term trend has been DOWN since Jul 6th, 2017 at 1210.02
The short term trend has been UP since Jul 12th, 2017 at 1207.98
Smart Scan Analysis for E2HCR
Based on a pre-defined weighted trend formula for chart analysis, E2HCR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1258.45||52wk High Date||2017-06-23|
|52wk Low||957.97||52wk Low Date||2016-11-23|