Index Trend Analysis Report
Prepared for you on Thursday, September 19, 2019.
Dow Jones Automobiles & Parts Titans 30 Index (INDEX:DJTATO)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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 DJTATO
The long term trend has been DOWN since May 13th, 2019 at 414.29
The intermediate term trend has been UP since Sep 4th, 2019 at 400.24
The short term trend has been DOWN since Sep 16th, 2019 at 421.95
Smart Scan Analysis for DJTATO
Based on a pre-defined weighted trend formula for chart analysis, DJTATO scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||576.12||52wk High Date||2018-01-24|
|52wk Low||404.73||52wk Low Date||2018-10-25|