Index Trend Analysis Report
Prepared for you on Saturday, November 16, 2019.
Dow Jones U.S. Residential REITs Index (INDEX:DJUSRN)
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 DJUSRN
The long term trend has been UP since Jan 29th, 2019 at 208.44
The intermediate term trend has been DOWN since Nov 5th, 2019 at 251.81
The short term trend has been UP since Nov 14th, 2019 at 250.50
Smart Scan Analysis for DJUSRN
Based on a pre-defined weighted trend formula for chart analysis, DJUSRN scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||203.59||52wk High Date||2018-11-29|
|52wk Low||167.05||52wk Low Date||2018-02-12|