Index Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
Morningstar Dividend Yield Focus Index (CME:MDYF)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 DOWN since Feb 3rd, 2020 at 2012.60
The intermediate term trend has been DOWN since Jan 7th, 2020 at 2091.52
The short term trend has been DOWN since Feb 14th, 2020 at 2048.08
Smart Scan Analysis for MDYF
Based on a pre-defined weighted trend formula for chart analysis, MDYF scored -90 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|