Index Trend Analysis Report
Prepared for you on Friday, October 18, 2019.
Dow Jones Automobiles & Parts Titans 30 Total Return Index (INDEX:DJTATOT)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 DJTATOT
The long term trend has been DOWN since May 13th, 2019 at 669.35
The intermediate term trend has been UP since Oct 15th, 2019 at 693.60
The short term trend has been UP since Oct 10th, 2019 at 663.90
Smart Scan Analysis for DJTATOT
Based on a pre-defined weighted trend formula for chart analysis, DJTATOT scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||904.02000000||52wk High Date||2018-01-24|
|52wk Low||649.79000000||52wk Low Date||2018-10-25|