Index Trend Analysis Report
Prepared for you on Wednesday, June 26, 2019.
Dow Jones Japan Select Dividend 30 Index (INDEX:DJJPSD)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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 DJJPSD
The long term trend has been DOWN since Oct 25th, 2018 at 358.55
The intermediate term trend has been UP since Jun 10th, 2019 at 305.38
The short term trend has been DOWN since Jun 23rd, 2019 at 301.81
Smart Scan Analysis for DJJPSD
Based on a pre-defined weighted trend formula for chart analysis, DJJPSD scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||407.27||52wk High Date||2018-01-15|
|52wk Low||349.2||52wk Low Date||2018-11-21|