Index Trend Analysis Report
Prepared for you on Sunday, April 21, 2019.
DJ NORTH AMERICA SELECT (INDEX:DJNAJG)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 DJNAJG
The long term trend has been UP since Jan 2nd, 2019 at 1856.62
The intermediate term trend has been DOWN since Apr 1st, 2019 at 1957.97
The short term trend has been DOWN since Apr 11th, 2019 at 1947.91
Smart Scan Analysis for DJNAJG
Based on a pre-defined weighted trend formula for chart analysis, DJNAJG scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2388.5||52wk High Date||2018-01-24|
|52wk Low||1522.46||52wk Low Date||2018-11-14|