Index Trend Analysis Report
Prepared for you on Tuesday, February 20, 2018.
DJ HIGH YIELD SELECT 10 TOTAL RETURN INDEX (INDEX:MUTR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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 MUTR
The long term trend has been DOWN since Feb 9th, 2018 at 277.42
The intermediate term trend has been DOWN since Jan 31st, 2018 at 307.69
The short term trend has been UP since Feb 14th, 2018 at 288.53
Smart Scan Analysis for MUTR
Based on a pre-defined weighted trend formula for chart analysis, MUTR scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||316.59||52wk High Date||2018-01-26|
|52wk Low||240.54||52wk Low Date||2017-05-18|