Index Trend Analysis Report
Prepared for you on Saturday, February 23, 2019.
DJ ASIA/PACIFIC SELECT DIVIDEND 30 INDEX (INDEX:DJAPSD)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 DJAPSD
The long term trend has been UP since Jan 30th, 2019 at 273.63
The intermediate term trend has been UP since Jan 8th, 2019 at 260.70
The short term trend has been DOWN since Feb 22nd, 2019 at 277.15
Smart Scan Analysis for DJAPSD
Based on a pre-defined weighted trend formula for chart analysis, DJAPSD scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||321.95||52wk High Date||2018-01-29|
|52wk Low||253.42||52wk Low Date||2018-10-26|