Index Trend Analysis Report
Prepared for you on Saturday, March 23, 2019.
DJ US MEDEQUIP (INDEX:DJUSAM)
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 DJUSAM
The long term trend has been UP since Feb 12th, 2019 at 1700.45
The intermediate term trend has been UP since Jan 15th, 2019 at 1579.79
The short term trend has been DOWN since Mar 22nd, 2019 at 1763.88
Smart Scan Analysis for DJUSAM
Based on a pre-defined weighted trend formula for chart analysis, DJUSAM scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||1752.85||52wk High Date||2018-10-01|
|52wk Low||1305.15||52wk Low Date||2017-12-06|