Index Trend Analysis Report
Prepared for you on Tuesday, March 26, 2019.
DJ GLOBAL REAL ESTATE YIELD TRUST (INDEX:DJGREYT)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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 DJGREYT
The long term trend has been UP since Feb 1st, 2019 at 2449.41
The intermediate term trend has been DOWN since Mar 1st, 2019 at 2411.76
The short term trend has been DOWN since Mar 24th, 2019 at 2349.06
Smart Scan Analysis for DJGREYT
Based on a pre-defined weighted trend formula for chart analysis, DJGREYT scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2668.71||52wk High Date||2018-07-09|
|52wk Low||2273.43||52wk Low Date||2018-03-02|