Analyze Symbol

Index Trend Analysis Report

Prepared for you on Tuesday, July 23, 2019.

Guggenheim RBP Large-Cap Value Index (CME:DRLVAL)

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.

CME_DRLVAL
Open High Low DRLVAL Price Change
5903.16 5905.34 5865.15 5903.16 +38.01
Entry Signal

MarketClub’s Trade Triangles for DRLVAL

long term down The long term trend has been DOWN since May 29th, 2019 at 5486.87

intermediate term up The intermediate term trend has been UP since Jun 10th, 2019 at 5709.96

short term up The short term trend has been UP since Jul 19th, 2019 at 5890.91

Smart Scan Analysis for DRLVAL

Based on a pre-defined weighted trend formula for chart analysis, DRLVAL scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for DRLVAL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5903.16 5905.34 5865.15 5903.16 +38.01
Prev. Close Volume Bid Ask Time
5527.77 0 2019-07-23 14:06:48
52wk High5981.1652wk High Date2018-09-21
52wk Low5272.1852wk Low Date2018-10-26
Want to analyze Guggenheim RBP Large-Cap Value Index DRLVAL or another symbol? Try our Free Index Trend Analysis Report.