Index Trend Analysis Report
Prepared for you on Thursday, April 26, 2018.
DJ GLOBAL TELECOM (INDEX:W1TLS)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 W1TLS
The long term trend has been DOWN since Feb 9th, 2018 at 252.26
The intermediate term trend has been DOWN since Feb 5th, 2018 at 266.55
The short term trend has been UP since Apr 24th, 2018 at 257.09
Smart Scan Analysis for W1TLS
Based on a pre-defined weighted trend formula for chart analysis, W1TLS scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||276.35||52wk High Date||2018-01-29|
|52wk Low||240.49||52wk Low Date||2017-11-20|