Index Trend Analysis Report
Prepared for you on Tuesday, November 21, 2017.
DJ UK STOCK INDEX (INDEX:GBDOW)
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 GBDOW
The long term trend has been UP since Oct 10th, 2017 at 337.28
The intermediate term trend has been DOWN since Nov 10th, 2017 at 332.72
The short term trend has been UP since Nov 21st, 2017 at 330.99
Smart Scan Analysis for GBDOW
Based on a pre-defined weighted trend formula for chart analysis, GBDOW scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||339.37||52wk High Date||2017-06-02|
|52wk Low||297.99||52wk Low Date||2016-12-02|