Index Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
DYNAMIC ENER EXPLORATION & PRODUCTS INDEX (PACF:DWE)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 DWE
The long term trend has been UP since May 2nd, 2018 at 4918.9697
The intermediate term trend has been DOWN since Jul 18th, 2018 at 5232.3086
The short term trend has been DOWN since Jul 12th, 2018 at 5395.0703
Smart Scan Analysis for DWE
Based on a pre-defined weighted trend formula for chart analysis, DWE scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5674.038||52wk High Date||2018-07-10|
|52wk Low||3492.512||52wk Low Date||2017-08-18|