Index Trend Analysis Report
Prepared for you on Monday, November 12, 2018.
DJ GLOBAL TELECOM (INDEX:W1TLS)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 W1TLS
The long term trend has been DOWN since Oct 24th, 2018 at 236.50
The intermediate term trend has been DOWN since Oct 8th, 2018 at 245.08
The short term trend has been DOWN since Nov 9th, 2018 at 236.78
Smart Scan Analysis for W1TLS
Based on a pre-defined weighted trend formula for chart analysis, W1TLS scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||276.35||52wk High Date||2018-01-29|
|52wk Low||230.49||52wk Low Date||2018-10-29|