Index Trend Analysis Report
Prepared for you on Sunday, December 17, 2017.
DJ IRELAND STOCK INDEX (INDEX:IEDOW)
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 IEDOW
The long term trend has been UP since Oct 1st, 2017 at 505.32
The intermediate term trend has been UP since Dec 8th, 2017 at 509.62
The short term trend has been DOWN since Dec 12th, 2017 at 508.87
Smart Scan Analysis for IEDOW
Based on a pre-defined weighted trend formula for chart analysis, IEDOW scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||527.21||52wk High Date||2017-05-11|
|52wk Low||459.75||52wk Low Date||2016-12-15|