Index Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
Dow Jones U.S. Thematic Market Neutral Value Total Return Index (INDEX:DJTMNSVT)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend 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 DJTMNSVT
The long term trend has been UP since Aug 28th, 2019 at 998.32
The intermediate term trend has been DOWN since Jan 3rd, 2020 at 984.66
The short term trend has been DOWN since Jan 2nd, 2020 at 995.33
Smart Scan Analysis for DJTMNSVT
Based on a pre-defined weighted trend formula for chart analysis, DJTMNSVT scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1478.19||52wk High Date||2017-12-06|
|52wk Low||1055.1||52wk Low Date||2018-10-24|