Index Trend Analysis Report
Prepared for you on Friday, October 19, 2018.
DJ HIGH YIELD SELECT 10 TOTAL RETURN INDEX (INDEX:MUTR)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 MUTR
The long term trend has been UP since Jun 8th, 2018 at 297.77
The intermediate term trend has been DOWN since Oct 11th, 2018 at 317.23
The short term trend has been UP since Oct 17th, 2018 at 314.55
Smart Scan Analysis for MUTR
Based on a pre-defined weighted trend formula for chart analysis, MUTR scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||327.59||52wk High Date||2018-10-09|
|52wk Low||275.24||52wk Low Date||2018-02-09|