Index Trend Analysis Report
Prepared for you on Friday, November 22, 2019.
Dow Jones U.S. Select Dividend Total Return Index (INDEX:DJDVY)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 DJDVY
The long term trend has been UP since Sep 10th, 2019 at 2156.17
The intermediate term trend has been UP since Oct 22nd, 2019 at 2198.70
The short term trend has been DOWN since Nov 19th, 2019 at 2220.31
Smart Scan Analysis for DJDVY
Based on a pre-defined weighted trend formula for chart analysis, DJDVY scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2096.83||52wk High Date||2018-09-17|
|52wk Low||1841.82||52wk Low Date||2018-02-09|