Index Trend Analysis Report
Prepared for you on Monday, June 24, 2019.
Dow Jones Food & Beverage Titans 30 Total Return Index (INDEX:DJTFOBT)
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 DJTFOBT
The long term trend has been UP since Feb 20th, 2019 at 938.18
The intermediate term trend has been UP since Jun 5th, 2019 at 1018.11
The short term trend has been DOWN since Jun 19th, 2019 at 1026.29
Smart Scan Analysis for DJTFOBT
Based on a pre-defined weighted trend formula for chart analysis, DJTFOBT scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1027.53||52wk High Date||2018-01-29|
|52wk Low||894.25||52wk Low Date||2018-10-26|