Index Trend Analysis Report
Prepared for you on Wednesday, January 23, 2019.
DJ ISLAMIC MARKET HEALTH CARE INDEX (INDEX:DJIHCR)
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 DJIHCR
The long term trend has been DOWN since Oct 26th, 2018 at 5433.55
The intermediate term trend has been UP since Jan 9th, 2019 at 5587.08
The short term trend has been DOWN since Jan 22nd, 2019 at 5657.18
Smart Scan Analysis for DJIHCR
Based on a pre-defined weighted trend formula for chart analysis, DJIHCR scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||6092.69||52wk High Date||2018-10-01|
|52wk Low||5204.79||52wk Low Date||2018-02-09|