Index Trend Analysis Report
Prepared for you on Friday, October 18, 2019.
Dow Jones Americas Utilities Index (INDEX:A1UTI)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 A1UTI
The long term trend has been UP since May 22nd, 2019 at 302.30
The intermediate term trend has been DOWN since Oct 15th, 2019 at 322.52
The short term trend has been DOWN since Oct 10th, 2019 at 324.95
Smart Scan Analysis for A1UTI
Based on a pre-defined weighted trend formula for chart analysis, A1UTI scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||289.38000000||52wk High Date||2017-12-01|
|52wk Low||247.62000000||52wk Low Date||2018-02-09|