Index Trend Analysis Report
Prepared for you on Wednesday, April 25, 2018.
DJ EUROPE (EX UK) HEALTH CARE STOCK INDEX (INDEX:E2HCR)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 Feb 2nd, 2018 at 1261.60
The short term trend has been DOWN since Apr 19th, 2018 at 1195.57
Smart Scan Analysis for E2HCR
Based on a pre-defined weighted trend formula for chart analysis, E2HCR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1333.75||52wk High Date||2018-01-26|
|52wk Low||1139.31||52wk Low Date||2017-04-25|