Index Trend Analysis Report
Prepared for you on Friday, November 16, 2018.
DYNAMI RETAIL INTELLIDEX (PACF:DWR)
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 DWR
The long term trend has been DOWN since Oct 5th, 2018 at 5113.2285
The intermediate term trend has been UP since Nov 5th, 2018 at 5191.2900
The short term trend has been DOWN since Nov 12th, 2018 at 5159.4308
Smart Scan Analysis for DWR
Based on a pre-defined weighted trend formula for chart analysis, DWR scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||5695.505||52wk High Date||2018-09-04|
|52wk Low||4460.217||52wk Low Date||2017-11-16|