Index Trend Analysis Report
Prepared for you on Sunday, February 16, 2020.
Dow Jones U.S. Mining Index (INDEX:DJUSMG)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 DJUSMG
The long term trend has been UP since Dec 27th, 2019 at 95.68
The intermediate term trend has been UP since Dec 2nd, 2019 at 88.03
The short term trend has been DOWN since Feb 4th, 2020 at 96.91
Smart Scan Analysis for DJUSMG
Based on a pre-defined weighted trend formula for chart analysis, DJUSMG scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||95.3||52wk High Date||2018-01-24|
|52wk Low||68.2||52wk Low Date||2018-10-25|