Index Trend Analysis Report
Prepared for you on Friday, December 15, 2017.
DJ GLOBAL HEALTH CARE (INDEX:W1HCR)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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 W1HCR
The long term trend has been UP since Feb 9th, 2017 at 626.72
The intermediate term trend has been UP since Nov 21st, 2017 at 711.45
The short term trend has been DOWN since Dec 15th, 2017 at 720.11
Smart Scan Analysis for W1HCR
Based on a pre-defined weighted trend formula for chart analysis, W1HCR scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||728.61||52wk High Date||2017-10-23|
|52wk Low||599.26||52wk Low Date||2016-12-22|