Index Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Dow Jones U.S. Personal & Household Goods Index (INDEX:DJUSNG)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 DJUSNG
The long term trend has been UP since Oct 1st, 2019 at 790.75
The intermediate term trend has been DOWN since Jan 31st, 2020 at 828.46
The short term trend has been UP since Feb 4th, 2020 at 841.46
Smart Scan Analysis for DJUSNG
Based on a pre-defined weighted trend formula for chart analysis, DJUSNG scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||823.37||52wk High Date||2017-12-06|
|52wk Low||678.58||52wk Low Date||2018-05-03|