Index Trend Analysis Report
Prepared for you on Friday, October 18, 2019.
Dow Jones Americas Consumer Goods Index (INDEX:A1NCY)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 A1NCY
The long term trend has been UP since Mar 21st, 2019 at 599.68
The intermediate term trend has been DOWN since Oct 2nd, 2019 at 630.98
The short term trend has been UP since Oct 11th, 2019 at 636.45
Smart Scan Analysis for A1NCY
Based on a pre-defined weighted trend formula for chart analysis, A1NCY scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||668.75000000||52wk High Date||2018-01-24|
|52wk Low||568.15000000||52wk Low Date||2018-05-03|