Index Trend Analysis Report
Prepared for you on Monday, March 18, 2019.
DJ US HOUSEHOLD GOODS/HOME REPAIR INDEX (INDEX:DJUSHG)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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 DJUSHG
The long term trend has been UP since Nov 7th, 2018 at 603.23
The intermediate term trend has been UP since Mar 15th, 2019 at 652.09
The short term trend has been DOWN since Mar 18th, 2019 at 648.38
Smart Scan Analysis for DJUSHG
Based on a pre-defined weighted trend formula for chart analysis, DJUSHG scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||680.23||52wk High Date||2018-01-22|
|52wk Low||538||52wk Low Date||2018-05-03|