Index Trend Analysis Report
Prepared for you on Monday, August 19, 2019.
Morningstar Dividend Yield Focus Index (CME:MDYF)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 MDYF
The long term trend has been UP since Mar 4th, 2019 at 1995.15
The intermediate term trend has been DOWN since Jul 31st, 2019 at 2034.69
The short term trend has been UP since Aug 19th, 2019 at 1977.66
Smart Scan Analysis for MDYF
Based on a pre-defined weighted trend formula for chart analysis, MDYF scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2025.67||52wk High Date||2018-01-26|
|52wk Low||1767.49||52wk Low Date||2018-05-03|