Index Trend Analysis Report
Prepared for you on Sunday, April 21, 2019.
DJ INTERNET COMPOSITE NET TOTAL R (INDEX:DJINETN)
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 DJINETN
The long term trend has been UP since Feb 1st, 2019 at 424.06
The intermediate term trend has been UP since Mar 14th, 2019 at 443.18
The short term trend has been DOWN since Apr 17th, 2019 at 457.06
Smart Scan Analysis for DJINETN
Based on a pre-defined weighted trend formula for chart analysis, DJINETN scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||470.42||52wk High Date||2018-07-25|
|52wk Low||336.23||52wk Low Date||2017-12-05|