Index Trend Analysis Report
Prepared for you on Thursday, August 16, 2018.
DJ HIGH YIELD SELECT 10 TOTAL RETURN INDEX (INDEX:MUTR)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 UP since Jul 6th, 2018 at 300.33
The short term trend has been UP since Aug 16th, 2018 at 308.18
Smart Scan Analysis for MUTR
Based on a pre-defined weighted trend formula for chart analysis, MUTR scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||316.59||52wk High Date||2018-01-26|
|52wk Low||258.06||52wk Low Date||2017-08-21|