Index Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
Dow Jones U.S. Gas Distribution Index (INDEX:DJUSGU)
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 DJUSGU
The long term trend has been UP since Mar 12th, 2019 at 326.70
The intermediate term trend has been UP since Jun 7th, 2019 at 331.52
The short term trend has been DOWN since Jul 12th, 2019 at 332.10
Smart Scan Analysis for DJUSGU
Based on a pre-defined weighted trend formula for chart analysis, DJUSGU scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||323.82||52wk High Date||2018-11-20|
|52wk Low||256.75||52wk Low Date||2018-02-06|