Index Trend Analysis Report
Prepared for you on Monday, January 21, 2019.
DJ EUROPE (EX UK) UTIL STOCK INDES (INDEX:E2UTI)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 E2UTI
The long term trend has been UP since Jan 4th, 2019 at 256.84
The intermediate term trend has been UP since Nov 6th, 2018 at 241.57
The short term trend has been DOWN since Jan 21st, 2019 at 258.81
Smart Scan Analysis for E2UTI
Based on a pre-defined weighted trend formula for chart analysis, E2UTI scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||271.54||52wk High Date||2018-05-08|
|52wk Low||232.46||52wk Low Date||2018-10-26|