Index Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
Dow Jones U.S. Thematic Market Neutral Low Beta Total Return Index (INDEX:DJTMNABT)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 DJTMNABT
The long term trend has been UP since May 13th, 2019 at 1147.63
The intermediate term trend has been DOWN since Jun 18th, 2019 at 1166.31
The short term trend has been UP since Jul 17th, 2019 at 1168.59
Smart Scan Analysis for DJTMNABT
Based on a pre-defined weighted trend formula for chart analysis, DJTMNABT scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1138.76||52wk High Date||2018-11-20|
|52wk Low||963.81||52wk Low Date||2018-01-12|