Index Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
DJ EUROPE (EX UK) TECH STOCK INDEX (INDEX:E2TEC)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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 E2TEC
The long term trend has been DOWN since Aug 12th, 2018 at 394.58
The intermediate term trend has been UP since Jan 9th, 2019 at 337.93
The short term trend has been DOWN since Jan 14th, 2019 at 338.15
Smart Scan Analysis for E2TEC
Based on a pre-defined weighted trend formula for chart analysis, E2TEC scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||434.3||52wk High Date||2018-06-15|
|52wk Low||327||52wk Low Date||2018-11-20|