Index Trend Analysis Report
Prepared for you on Monday, December 10, 2018.
DJ GLOBAL HEALTH CARE (INDEX:W1HCR)
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 W1HCR
The long term trend has been UP since Jul 6th, 2018 at 753.02
The intermediate term trend has been UP since Nov 7th, 2018 at 794.15
The short term trend has been DOWN since Dec 4th, 2018 at 793.48
Smart Scan Analysis for W1HCR
Based on a pre-defined weighted trend formula for chart analysis, W1HCR scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||825.52||52wk High Date||2018-10-01|
|52wk Low||701.08||52wk Low Date||2018-02-09|