Index Trend Analysis Report
Prepared for you on Tuesday, May 21, 2019.
DJ EMERGING MARKET OIL & GAS TITANS 30 (INDEX:DJEEO)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 DJEEO
The long term trend has been DOWN since May 9th, 2019 at 1258.81
The intermediate term trend has been DOWN since Apr 15th, 2019 at 1302.26
The short term trend has been UP since May 20th, 2019 at 1253.98
Smart Scan Analysis for DJEEO
Based on a pre-defined weighted trend formula for chart analysis, DJEEO scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1333.87||52wk High Date||2018-10-03|
|52wk Low||1097.48||52wk Low Date||2017-12-01|