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Index Trend Analysis Report

Prepared for you on Friday, May 24, 2019.

DJ AMERICAS BASIC MATERIALS STOCK INDEX (INDEX:A1BSC)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. 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.

INDEX_A1BSC
Open High Low A1BSC Price Change
294.65 296.23 293.13 294.65 +1.46
Entry Signal

MarketClub’s Trade Triangles for A1BSC

long term down The long term trend has been DOWN since May 9th, 2019 at 302.28

intermediate term down The intermediate term trend has been DOWN since Apr 26th, 2019 at 317.53

short term down The short term trend has been DOWN since May 17th, 2019 at 300.02

Smart Scan Analysis for A1BSC

Based on a pre-defined weighted trend formula for chart analysis, A1BSC scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for A1BSC
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
294.65 296.23 293.13 294.65 +1.46
Prev. Close Volume Bid Ask Time
313.91 0 2019-05-24 16:39:23
52wk High370.5952wk High Date2018-01-25
52wk Low294.0852wk Low Date2018-10-29
Want to analyze DJ AMERICAS BASIC MATERIALS STOCK INDEX A1BSC or another symbol? Try our Free Index Trend Analysis Report.